GSTR-9/9C (FY 2022-23 & FY 2021-22) with Reconciliation (2B vs 2A & 2B vs Books)

This course covers practical case studies for the spillover effects of three financial years in one return, such as the F.Y. 2022-23 spillover from F.Y. 2021-22, 2022-23, and 2023-24. These spillover effects need to be shown separately in GSTR-9 and GSTR-9C.

Additionally, this course includes live filing of GSTR 3B (using Tally) and the reconciliation of GSTR 2B vs GSTR 2A and GSTR 2B vs Books, whether on a monthly or yearly basis. By the end of the year, you will be able to prepare your financial statements without any errors. The course also covers adjustment entries in Books of Accounts (using Tally) and includes GTA entries in Tally. Furthermore, it offers a live filing demonstration of GSTR 3B and depositing challans.

Reconciliation aids in preparing error-free GST returns, filing the GST Annual return, and identifying suppliers who do not file GST returns on time. Through reconciliation, you can regularly follow up with these suppliers, ensuring 100% ITC benefits and preventing working capital blockage, thereby facilitating proper cash flows.

This comprehensive practical course has already benefited thousands of users and is updated annually to incorporate any new changes.

Course Content:

• Detailed Explanation of GSTR-9 Form.
• Basics of GSTR-9/9C.
• Who is required to file GSTR-9/9C.
• Filing deadlines for GSTR-9/9C.
• Required records for GSTR-9.
• Reporting and optional tables of GSTR-9.
• Spillover effects of 2021-22, 2022-23, and 2023-24 (over 22+ examples to provide solutions for input (ITC) and output (sale) related mistakes).
• Impact of debit and credit notes of F.Y. 2021-22, 2022-23, and 2023-24.
• Reverse Charge Mechanism (RCM).
• Understanding GSTR-9C.
• GSTR-9C form (Part A and Part B).
• Practical examples for Table 12 of GSTR-9C.
• Detailed explanation of Table 5 of GSTR-9C.
• All other tables of GSTR-9C, including auditors’ checklist and certification.
• Understanding GSTR 2A and 2B.
• Difference between GSTR 2A and 2B.
• GST return dates and their linkage with 2A and 2B.
• Conditions for claiming ITC.
• History of ITC Rules.
• Cases of ITC that can be claimed even if they are not in GSTR2A/2B.
• Important documents/tables/tools available on the GST Portal for reconciliation and how to use them.
• Reconciliation of GSTR 2B with GSTR 2A.
• Benefits, case studies, and accounting adjustment entries for GSTR-2B vs. Books reconciliation.
• Monthly reconciliation of Books vs. GSTR-2B vs. 2A.

Case Studies:

• How to show data in GSTR-9 related to F.Y. 2021-22 claimed in 2022-23.
• How to show data in GSTR-9 related to F.Y. 2022-23 claimed in 2023-24.
• How to show data in GSTR-9 related to F.Y. 2022-23 not claimed till date.
• How to correct ITC claimed in the wrong head.
• How to correct output tax paid in the wrong head.
• Treatment of debit notes and credit notes, and more.

Practical case studies for Table 12 of GSTR-9C.