Reconciliation of tax paid:
Table 9
Reconciliation of rate wise liability and the amount payable thereon: The table provides for cancellation of tax paid as per reconciliation statement and amount of tax paid as declared in annual return (GSTR 9). Under the head labeled “RC”, supplies where tax was paid on a reverse charge basis by the recipient (i.e. the person for whom a reconciliation statement has been prepared) shall be declared.
Table 9P
The total amount to be paid as per the library declared in table 9A to 9-o is auto-populated here.
Table 9Q
The amount payable as declared in Table 9 of the annual return GSTR 9 shall be declared here. It should also contain any differential tax paid on table 10 or 11 of the annual return GSTR 9.
Table 10
Reasons for non-reconciliation between payable/liability declared in Table 9P above and the amount payable in Table 9Q shall be specified here.
Table 11
Any amount which is payable due to reasons specified under Tables 6,8 & 10 above shall be declared here.
Reconciliation of input tax credit:
Table 12A
ITC availed (after reversal) as per the audited annual financial statement shall be declared here. There may be cases where multiple GSTINs (State-wise) registrations exist on the same PAN.
This is some for persons/entities with presence over multiple States. Search persons/entities will have to internally derive their ITC for each GSTIN and declare the same here. It may be noted that reference to audited annual financial statements includes reference to books of account in case of persons/entities having presence over multiple States.
Table 12B
Any ITC which was booked in the audited financial statement of the earlier financial year but not availed in the ITC ledger in the financial year for which the reconciliation statement is being filed for shall be declared here. This shall include transitional credit which was good in the earlier year.
Table 12C
Any ITC which has been booked in the audited annual financial statement of the current financial year but the same has not been credited to the ITC ledger for the said financial year shall be declared here.
Table 12D
ITC availed as per audited annual financial statement or books of account as derived from values declared in Tables 12A, 12B, and 12C above will be auto-populated here.
Table 12E
Net ITC available for utilization as declared in Table 7J annual return shall be declared year.
Table 13
Reasons for non-reconciliation of ITC as per audited annual financial statements for books of account (Table 12D) and then net ITC (Table 12E) availed in the annual return (GSTR 9) shall be specified here.
Table 14
The table is for reconciliation of ITC declared in annual return against the expenses book in the audited annual financial statement or books of accounts. The various subheads specified under this table are general expenses in the audited annual financial statement or books of account on which ITC may or may not be available.
Table 14R
Total ITC declared in Tables 14A to 14Q above shall be auto-populated here.
Table 14S
Net ITC availed as declared in the annual return shall be declared here. Table 7J of the annual return may be used for filing this table.
Table 15
Reasons for non-reconciliation between ITC availed on the various expenses declared in Table 14R and ITC declared in Table 14S shall be specified here.
Table 16
Any amount which is payable due to reason specified in Table 13 ab 15 about shall be declared here.
