A list of issues has been reported by the taxpayers while submitting Form GSTR 9C which has been recently clarified by the GSTN team. The clarification given over different issues faced by the taxpayers while filing GSTR 9C has been given below:
Turnover Ambiguity in Form GSTR 9C: All those taxpayers whose aggregate income exceeds INR 2 crore for a given financial year must file GSTR 9C form. For calculating the exact turnover amount, the entire period, i.e., from 1st April to 31st March, in a financial year, must be considered. For instance, if any particular taxpayer’s total annual turnover is observed to be INR 2.1 crore for the FY 2017-18 (e.g. 1st April 2017 to 31st March 2018), then such taxpayer must file GSTR 9C without any doubt.
Read also: Download GSTR 9C Offline Utility in Excel Format
Error Message Incidents while using Excel Version: As per the GSTN team, the taxpayer must use Microsoft excel version or higher than 2007 while.
Membership Number Doubts Faced by Auditors: Auditors, while filing Part B to Form GSTR 9C are advised by the GSTN Team to give their membership number without prefixing any ‘0’ in their membership number. For instance, if a particular auditor’s membership number is ‘017’, then he/she should enter ’17’ in the required membership number field, instead of ‘017’.
To avoid any interest and penalty, all the taxpayers are also advised to file their GSTR 9C Form on or before the due date to avoid the last minute rush.
