Question:-2

Could you please let me know as to how to create additional liability and in which column it should be reflected in Form 9 & 9C ?

Answer

In GSTR-9, additional liability will arise in Table no 9 when the amount of tax payable will be more than the amount of tax paid in GSTR 3B filed during the year.

Liability will also increase and will be reflected in Table 19 at the time of filing of GSTR-9 if the same is filed after due date.

All the liabilities will be required to be paid off through DRC 03 before filing GSTR 9.

In GSTR 9C, additional liability will be reflected in Table 11 and Table 16 accordingly and final liability shall be payable as recommended by the Auditor in "Part V- Auditors recommendation on additional liability due to non-reconciliation"