Simplification of Form GSTR-9 and GSTR-9C

Simplification of form GSTR-9 and GSTR-9C for the financial year 2017-18 and 2018-19 as Notified by CBIC on November 14, 2019

With the intention to simplify the Form GSTR-9 and 9C, the CBIC has notified Central Goods and Services Tax (Seventh Amendment) Rules, 2019. The major changes in forms are summarized below:

Form GSTR-9:

Revenue

• No separate disclosure of credit notes, debit notes and amendments of sale invoices for B2B taxable supplies and all non-taxable or zero-rated supplies. Sale can be shown net of credit notes, debit notes and amendments.
• No separate disclosure of exempted, NIL Rated and Non-GST Supplies. All may be declared under the head “exempted supplies” only.

Input Tax Credit

• No separate disclosure of ITC under the categories of Inputs, inputs services and capital goods. All may be declared under the head “inputs”.
• ITC details of tax paid under RCM for inward supplies from registered and un-registered persons may be declared under head “registered persons” only.
• ITC reversed under Rule 37, 39, 42 or 43 during the period may be declared under head as “other reversals” instead of separate declaration.
• The taxpayers shall have an option to upload the details of reconciliation of GSTR-2A and ITC register self-certified in (PDF format) in Form GSTR-9C (without the CA certification).

Miscellaneous

• ITC availed or reversed during the financial year declared in the returns of subsequent financial year may NOT be declared.
• Details of Particulars of demands and refunds, Information on supplies received from composition taxpayers, deemed supply under section 143 and goods sent on approval basis, and HSN summary for inward and outward supplies may NOT be declared.

Form GSTR-9C

Revenue

• Reconciliation items under table no. 5 of Form GSTR-9C may be declared under one head “Adjustments in turnover due to reasons not listed above” instead of separate declaration.

Input Tax Credit

• Under table no. 12 of Form GSTR-9C, following information is made optional:
  • -details of ITC booked in earlier financial years claimed in current financial year and
  • -ITC booked in current financial year to be claimed in subsequent financial years.
• The expense wise bifurcation of ITC claimed may NOT be provided under table no.14.

Miscellaneous

• In Part-B Certification, the word “true and fair” has been substituted for the word “true and correct”

All these exemptions have been provided for both the financial year 2017-18 and 2018-19.

Source: Notification No. 56/2019 issued by CBIC.