In this part, you need to provide consolidated details of all your outward supplies and advances received on which tax is applicable during the financial year for which the return is filed.
What is GSTR 9?
GSTR 9 is an annual return form to be filed by all registered taxpayers and taxable persons irrespective of their business turnover. It is an annual return for all the registered taxpayers under GST and has to be duly paid with some exceptions. GSTR-9 is a compilation of inward supplies, outward supplies; input tax credit and tax-liability availed during a period of a financial year.
How can IRIS GST Software help you with your GSTR-9 Returns?
- One-click download of GSTR 1, 2A, 2B and 3B data
- Reports on Tables 6, 10, 11, 13, 17 and 18 help in auto-population
- Quick reports on differences between table 8 of GSTR 9 vs GSTR 2a vs GSTR 2B vs Purchase Register
- In-built audit trail at an invoice level for each entry (Invoice-wise, month-wise and section-wise bifurcation of all values)
- One-click GSTR-9 data upload for all GSTINs
- Need not wait for year-end, you can get all reports at the end of any month
- A checklist of periods for which you have fetched data from GSTN. This is available return-wise for GSTR 1, 2A and 3B
- Comparison between IRIS auto-calculated data and GSTN auto-calculated data
IRIS GST Software’s GST Reconciliation module has been built considering the requirements of various industries such as manufacturing, pharmaceuticals, automobiles etc., and has market-tested logic to reconcile the buyer-supplier data across various parameters to reduce manual intervention.
Even if you have not filed GSTR 1 and GSTR 3B using the IRIS platform, still you can get auto-computed details for GSTR 9 and you will be able to save GSTR 9 details to the GSTN portal through IRIS GST Software.
Publish on December 9th, 2024