GST Annual Return F.Y.2017-18

GSTR-9 pre-filled form is available in www.gst.gov.in after login into the portal. GST-9C which is a reconciliation statement is available in both online format and offline utility. First of all, GSTR-2A reconciliation should be started. This involves matching of credit claimed in monthly GSTR-3B with the auto-populated purchases in Form GSTR-2A.

Invoice wise matching is necessary. In a big company having lakhs of transaction this activity would be tedious and time consuming work. In case any transaction is found to be missing in GSTR-2A then it would imply either that the supplier not uploaded the outward supply invoices. or he uploaded the same in B2C section.

The search, selection and the appointment of the auditor need to be finalised. And work should be initiated in May 2019 itself so that thorough checking is being carried out. The complication noted by the auditor is a guideline for the next year annual return.