Important Tips & Error to be avoided in GST Annual Return of FY 2021-22

✅ For applicability of GSTR 9 and 9C in 21-22 – Aggregate Turnover limit of FY 2021-22 to be considered ( 2Cr / 5 Cr limit ) and not previous year ( 2020-21)

✅Auto Population in GSTR 9 is only for reference. Details to be filled as actual ( except un editable field )

✅ Highly Recommended to provide details of credit Note / Debit Note separately

✅ ITC details of Capital Goods is compulsorily required to be reported separately

✅ ITC can not be claimed in GSTR 9

✅ Details in S N 10 & 11 of GSTR 9 is to be filled in as per effect given in GSTR 3B ( not as per GSTR 1). Example – Invoice of Mar 2022. Disclosed in GSTR 1 of Mar 2022, but Tax paid in GSTR 3B of Sep 2022. Then it is to be disclosed in S No 10 of GSTR 9

✅ Highly recommended to provide details of ITC reversed in S N 12

✅ HSN summary is compulsory for outward supply ( not for inward supply).

✅ As far as possible, try to match HSN Summary with Total appearing after Sr. No. 13

✅ In case of multi GSTIN, turnover of each GSTIN is to be reported separately in GSTR 9C

✅ In GSTR 9C, as far as possible, try to provide reconciliation details separately in provided fields. Don’t jump to include all amounts in S N ‘5O’

Please note that – GSTR 9 / 9C is going to be base for all future notices and audits. So kindly ensure to prepare working with all links, details with note sheet.

Hope you find it useful ..!
Happy Annual Return Working ..!

Thanks – CA Swapnil Munot