GSTR 9 is an annual return. It contains 6 parts and 19 tables. Part II as already mentioned in earlier blogs contains information with respect to outward supply whereas Part III requires details for Input Tax Credit.
Part IV requires details of tax payable and tax paid during the financial year for which GSTR 9 is to be filed whereas Part V needs details for any amendments made in outward supply,
ITC availed or reversed for the previous year. It also shows tax payable and tax paid against such amendments.
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A. Part IV: Details of tax paid as declared in returns filed during the financial year
Part IV of GSTR 9 describes details of actual tax paid during the financial year. These details are used from Table 6.1 of GSTR 3.
Tax paid details are auto updated and are non-editable based on table 6.1 of GSTR 3B. Tax payable shall be updated based on actual tax payable as per accounts and not as declared in GSTR 3B.
Where a tax liability has been declared in GSTR 3B but tax has been paid through GSTR 3B after March 2019, such details of tax paid shall be declared under Part V Table 14 as no other section is available.
B. Part V: Particulars of the transactions for the previous FY declared in returns of April to September of current FY or up to date of filing of annual return of previous FY whichever is earlier
Part V of GSTR 9 requires details of any transaction relating to previous financial year that has been amended during April to September of the next financial year or up to the date of filing annual return i.e. 31st December whichever is earlier.
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1. Table 10 : Supplies / tax declared through amendments (+) (net of debit notes)
2. Table 11: Supplies / tax declared through amendments (-) (net of credit notes)
Any outward supply relating to the financial year for which GSTR 9 is to be filed and recorded in the next financial year may be recorded here.
Also, any outward supply amended for previous year, the differential value between original value and amended value may be recorded here.
Any credit notes dated in the previous financial year but uploaded and filed in the next financial year may be recorded here.
All amended value / credit notes that results in decrease in value of outward supply may be recorded here.
Ref: Table 9A, 9B, 9C, 10 of GSTR 1
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3. Table 12 and Table 13: Reversal of ITC availed during previous financial year and ITC availed for the previous financial year
Any input tax credit reversed or availed for the previous financial year in the next financial year may be recorded here.
Reversal of input tax credit for credit availed in the previous year may be due to credit wrongly claimed on items covered under section 17(5), non-reversal of credit under Rule 42 / 43.
Any input tax credit not availed during the year due to omission or missing of the invoices etc. and claimed in the next financial year may be recorded here.
4. Table 14: Differential tax paid on account of declaration in 10 & 11 above
This section shows details of tax payable and tax paid on account of any amendments made on account of outward supply.
Tax payable may be declared on the basis of Table 10 and 11 by netting off increase and decrease of tax payable.
Tax paid on differential liability disclosed, reference to respective GSTR 3B may be made.
Tax paid may also include interest paid on such delayed payment of tax.
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