We prepare and certify the reconciliation between your audited financials and annual return, document variances, and help you close the year risk-smart.
A reconciliation statement that compares figures declared in GSTR-9 with the audited financial statements for the FY. It highlights variances and proposes additional tax where applicable.
Turnover, taxable value, tax paid & ITC mapped across sources.
Eligible vs ineligible credits, reversals, RCM alignment & timing.
Independent attestation with notes, annexures and recommendations.
9C applicability depends on turnover thresholds and notifications for the FY. We confirm your status before kickoff.
A robust 9C reduces the probability and cost of future disputes.
Issues surfaced and addressed before scrutiny begins.
Turnover/ITC validated, enabling better decisions next FY.
Banks, boards and partners trust certified reconciliations.
We leave behind checklists to keep monthly filings clean.
Correct RCM/HSN/POS mapping reduces future liabilities.
Working papers & annexures ready for assessments.
Skipping mandated 9C invites penalties and prolonged uncertainty.
Statutory consequences and potential interest on gaps found later.
Higher chance of demands arising from un-reconciled variances.
Books↔1/3B↔2B inconsistencies spill into subsequent years.
Due diligence flags; banks/investors demand explanations.
Enterprise counterparties may restrict exposure or credit.
Missed windows to correct/declare; higher remediation cost later.
High-level view; exact format can vary by FY notification.
| Area | Examples | Key Control | Flag |
|---|---|---|---|
| Turnover | Books turnover vs GSTR-9 taxable value | Rate/HSN bucketisation, notes & exemptions | Sales |
| Tax Paid | IGST/CGST/SGST/Cess & interest | 3B mapping; challan trail & ledgers | Payment |
| Input Tax Credit | Eligible, ineligible, reversals, re-availment | Rule 42/43, 2B annual summary & vendor match | ITC |
| Demands/Refunds | Outstanding demands, refunds claimed/received | Ledger match & agency correspondence | D/R |
| Other Disclosures | HSN, RCM, POS, adjustments | Checklists & SOP sign-offs | Review |
Clean inputs accelerate the certification.
We tailor reconciliations to these features and include variance notes as needed.
Independent review with documented controls and approvals.
Pull books, returns, ledgers; define reconcillation scope & timelines.
Books ↔ 1/3B ↔ 9 and ITC/RCM mapping with drill-downs.
Document rate/HSN, POS, credit notes, reversals & rationale.
Review draft reconciliations & liabilities (if any) for approval.
Issue certified 9C and file as per portal requirements.
Provide working papers, ledgers and SOPs for next FY.
Covers both value & tax components, with evidence references.
Sector-specific patterns inform our tests and notes.
TCS (GSTR-8), returns/replacements, discounts & coupons impact.
OIDAR & place of supply, export LUT/BRC, foreign currency mapping.
Job-work challans, scrap, consumption vs production, e-way thresholds.
Neatly indexed and ready for future reference.
Filed copy with ARN and certification pages.
Recons, rate/HSN checks, ITC exceptions, management notes.
Ledgers, challans, vendor lists, and SOPs for monthly hygiene.
Practical clarifications we’re asked most.
Share your FY, turnover, registrations and ERP. We’ll send a tailored checklist & plan.
We respect your privacy and will contact you only for this request.