GSTR-9 and GSTR-9C – Major Changes

In the Union Budget 2021, major changes in GSTR-9 and GSTR-9C were suggested to reduce the compliance burden and simplify the filing procedure. So, in this blog, we will try to cover all the major changes introduced in GSTR-9 and GSTR-9C.

Major Changes in GSTR-9 

1. Tables 4 and 5 (Details of Outward Supply) 

One of the major changes introduced in GSTR-9 is that now taxpayers can enter the details of credit/debit notes (CDN) in table 4B-4E or 5A-5F instead of entering them in table 4I-4L or 5H-5K. Moreover, the taxpayer can furnish a consolidated amount for exempt and nil-rated supplied in Table 5D under the column exempted supplies. 

2. Table 6 (ITC Claimed) 

As per this change in GSTR-9, a taxpayer can furnish the details of ITC claimed in Tables 6B, 6C, 6D, and 6E. 

3. Table 7 (ITC Reversal) 

Now, the taxpayer has the flexibility to either enter the details of ITC reversed in table 7A-7E or he/she can report the same in a single row in table 7H. 

4. Table 8 (ITC- Other Information) 

According to this change in GSTR-9, taxpayers can upload a PDF file of ITC claimed details in table 8A-8D. Moreover, in Table 8C of GSTR-9, the taxpayer can furnish the details of ITC claimed under reverse charge mechanism (RCM) and ITC on purchases availed in the subsequent financial year. 

5. Tables 10-14 (Other Information) 

As per this new change in GSTR-9, any transaction that is related to the previous financial year but reported in the subsequent financial year can be reported in Tables 10 to 14. 

6. Tables 12-18 

As per this change introduced in GSTR-9, the taxpayer has the flexibility to furnish details in tables 12-18 because these tables are now made optional. 

Major Changes in GSTR-9C 

1. Table 5B-5N (Turnover Adjustment) 

One of the major changes that are introduced in GSTR-9C, as the taxpayer has the flexibility to furnish details in Table 5B-5N because these tables are now made optional. Any adjustments related to the turnover can be furnished in Table 5O of GSTR-9C. 

2. Table 12 and 14 

One of the major changes that are introduced in GSTR-9C, as the taxpayer has the flexibility to furnish details of the previous financial year in Table 12B, 12C, and 14. 

Note: Apart from the above major changes in GSTR-9 and GSTR-9C, there are a few other minor changes such as the statement true and fair has been updated from true and correct. 

How Can GSTrobo® Help you?  

GSTrobo® – a division of Binary Semantics Ltd is one of the leading ASP- GSP who provides industry-leading GST compliance software and APIs for GST, e-way bill, and e-invoicing. These solutions not only seamlessly integrate with all the ERPs but also automates most of your GST compliance.