Table 5 of GSTR-9C – Reconciliation of Gross Turnover

Table 5 requires the reconciliation of gross turnover as per audited financial statements for the State/UT with the turnover declared in annual return in GSTR-9.

In the reconciliation the adjustments like –

• (+) unbilled revenue in table 5B,
• (+) unadjusted revenue in table 5C,
• (+) deemed supply in table 5D,
• (-) credit note in table 5E,
• (+) trade discount in table 5F,
• (-) turnover from Apr2017 to Jun2017 in table 5G,
• (-) unbilled revenue at the end of the year in table 5H,
• (-) unadjusted advances at the beginning of the year in table 5I,
• (+) credit note not permissible in table 5J,
• (-) adjustments on account of supply of goods by SEZ units to DTA units in table 5K,
• (-) turnover for composition scheme in table 5L,
• (+/-) adjustment in turnover u/s 15 and rules thereunder in table 5M and
• (+/-) adjustments in turnover due to foreign exchange fluctuations in table 5N
• (+/-) adjustments in turnover due to reasons not listed above in table 5O

need to be show in their respective tables as referred above or all such adjustments can be furnished in table 5O.

The table 5 from GSTR-9C is reproduced below for reference –

Due date of filing GSTR-9/9C for FY 2020-21 is 31.12.2021, 3 days left, so need to speed up the task and file return on or before 31.12.2021.

Also read –

• Table 7 of GSTR-9 – Detail of ITC Reversed and Ineligible ITC for the financial year 2020-21. Read more
• Table 14 of GSTR-9C – Reconciliation of ITC declared in Annual Return with ITC availed on expenses (F.Y. 2002-21) Read more
• HSN Summary in Table 17 and 18 in GSTR-9 is optional for F.Y. 2002-21. Read more
• WORKING FOR GST ANNUAL RETURN Read more
• GST Annual Return for F.Y.2020-21 : Due date is 31.12.2021 Read more