ICAI Submited Draft ” GST Audit Report Formats ” to Finance Ministry
ICAI Indirect Tax Committee has recently drafted GST Audit cum Reconciliation Statement format, which has been submitted to the Government for its consideration on 29.05.2018
As per ICAI recommendation GST audit Report to be issued in GSTR 9C and Statement of particulars in GSTR 9D.
For Form GSTR 9D , two Versions are submitted
Version 1 : Taxpayer having turnover upto Rs 10 Crore
Version 2 :Taxpayer having turnover of above Rs 10 Crore
Download ICAI developed and submited GST Audit Report and statement of particulars – 31st May, 2018 Click here
GST Audit Report
Form GSTR 9C : GST Audit Report : [See Section 35(5) and 44(2) of the CGST Act, 2017 and Rule 80 (3) of the CGST Rules 2017 read with corresponding provisions relevant State GST, UTGST and IGST Laws]
Reconciliation ( Annexure with GSTR 9c)
Annexure A : Net outward supplies after considering the return of supplies on which output tax is payable
Annexure B Output tax payable including interest, fee, penalty and other levies
Annexure C : Net inward supplies on which input tax credit has been taken
Annexure D: Tax payable (including interest, fee, penalty and other levies) on reverse charge
inward supplies
Annexure E: Net input tax credit claimed on inward supplies considering all the reversals,
reductions and reclamations of input tax credit
Annexure F: Refund claimed
Annexure G : Net outward supplies on which no output tax is payable
Annexure H : Net inward supplies (including reverse charge inward supplies) on which no input tax credit has been taken
Proposed Audit Form in respect of Annual Audit required under the GST Laws – Version I for small Assessee
GST FORM GSTR – 9D [See rule 80] : Statement of particulars required to be furnished for the year ended March 31, 20.. under section 35(5) and 44(2) of the CGST Act, 2017 read with corresponding provisions under the relevant State GST, UTGST and IGST Laws
Annexure 1: Supplies effected by the registered person not considered in return
Annexure 2 : Value of non-taxable supplies which have not been considered in the return
Annexure 3 :Details of composite and mixed supplies not determined in accordance with Section 8 of the CGST Act 2017
Annexure 4: Details of inward supplies on which tax payable under reverse charge mechanism (RCM) has not been remitted
Annexure 5: Summary of exempted supplies, non-compliance with condition for exemption, foregone benefit of exemption and incorrect classification
Annexure 6 : Details of transactions where tax has not been paid in accordance with the provisions of time of supply
Annexure 7 : Details of transactions on which the effect of change in rate of tax has not been provided
Annexure 8 Details of outward supply of services where services ceases prior to completion but not taxes discharged
Annexure 9 :Details of supply of goods on ‘sale on approval basis’ exceeding the time limit of 6 months and not offered to tax.
Annexure 10 Instances where place of supply has not been determined under Section 10 – 13 of the CGST Act 2017
Annexure 11 : Details of transactions where transaction value is not accepted and value of supply is based on Rule 27 – 31 of CGST Rules 201
Annexure 12 : Details of transactions wherein the value of supply has been incorrectly determined u/s 15(2) of the CGST Act 2017
Annexure 13: Details of discounts adjusted in contravention with Section 15(3) of the CGST Act 2018
Annexure 14 : Details of supplies where the provisions of Rule 33 of CGST Rules 2017 in respect of pure agent have been contravened
Annexure 15 Details of ineligible input tax credit availed during the year
Annexure 16 : Details where apportionment of credit has not effected in terms of section 17(2) of the CGST Act 2017 read with Rule 42 and 43 of the CGST Rules
2017
Annexure 17 :Cases where inputs and capital goods have not been received within the prescribed time limit and no tax has been offerred on them
Annexure 18 : Date of filing of returns / forms
Annexure 19 : Details of interest on delayed payment of taxes which have not been remitted
Annexure 20 : Details of tax collected but not deposited with the Government
Proposed Audit Form in respect of Annual Audit required under the GST Laws – Version 2
GST FORM GSTR – 9D : [See rule 80] : Statement of particulars required to be furnished for the year ended March 31, 20.. under section 35(5) and 44(2) of the CGST Act, 2017 read with corresponding provisions under the relevant State GST, UTGST and IGST Laws
Annexure 1 : Supplies effected by the registered person not considered in return
Annexure 2 :Value of non-taxable supplies which have not been considered in the return
Annexure 3 : Transactions reported in GST returns though they are covered under Schedule III
or excluded from the defintion of supplies
Annexure 4 : Details of composite and mixed supplies not determined in accordance with Section 8 of the CGST Act 2017
Annexure 5 Details of inward supplies on which tax payable under reverse charge mechanism (RCM) has not been remitted
Annexure 6 : Summary of exempted supplies, non-compliance with condition for exemption, foregone benefit of exemption and incorrect classificatio
Annexure 7 : Details of transactions where tax has not been paid in accordance with the provisions of time of supply
Annexure 8 : Details of transactions on which the effect of change in rate of tax has not been provided
Annexure 9 Details of outward supply of services where services ceases prior to completion but not taxes discharged
Annexure 10 : Details of supply of goods on ‘sale on approval basis’ exceeding the time limit of 6 months and not offered to tax
Annexure 11 : Instances where place of supply has not been determined under Section 10 – 13 of the CGST Act 2017
Annexure 12 : Details of transactions where transaction value is not accepted and value of supply is based on Rule 27 – 31 of CGST Rules 2017
Annexure 13: Details of transactions where value of supply is based on transaction value although the value ought to have been determined under Rule 27 – 31 of the CGST Rules 2017
Annexure 14 :Details of transactions wherein the value of supply has been incorrectly determined u/s 15(2) of the CGST Act 2017
Annexure 15 :Details of discounts adjusted in contravention with Section 15(3) of the CGST Act 2017
Annexure 16 :Details of transactions wherein the value of supply has been incorrectly determined u/r 31A/32 of the CGST Rules 2017 Annexure 16
Annexure 17 : Details of supplies where the provisions of Rule 33 of CGST Rules 2017 in respect of pure agent have been contravened
Annexure 18 : Details of ineligible input tax credit availed during the year
Annexure 19 : ITC reversal u/s 16(2)
Annexure 20 : Details where apportionment of credit has not effected in terms of section 17(2) of the CGST Act 2017 read with Rule 42 and 43 of the CGST Rules 2017
Annexure 21 : Cases where inputs and capital goods have not been received within the prescribed time limit and no tax has been offerred on them
Annexure 22 Date of filing of returns / forms
Annexure 23 : Details of interest on delayed payment of taxes which have not been remitted
Annexure 2 4 : Details of tax collected but not deposited with the Government
GST Audit : Free Reference Material