GST Return Filing – GSTR9 with Reconciliation

Here’s a description of documents required for filing monthly GST returns (GSTR-1 and GSTR-3B):

Documents Required:

1. Sales Invoices for the Month
   • What it is: All invoices issued to customers for goods or services sold during the month, including details of taxable value, tax rate, and GST charged.
   • Purpose: Used to complete GSTR-1, which reports outward supplies and helps calculate total taxable sales for the month.
2. Purchase Invoices for the Month
   • What it is: Invoices received for purchases made during the month, detailing input tax credit (ITC) on goods and services acquired.
   • Purpose: Necessary for claiming input tax credits in GSTR-3B, which reduces the net GST liability.
3. GSTR-1 Summary from Previous Month (if applicable)
   • What it is: The previous month’s GSTR-1 filing summary showing sales reported, adjustments, and any credit notes issued.
   • Purpose: Helps ensure consistency in monthly filings and adjust any errors or amendments in the new month’s return.
4. Tax Payment Challan (if GST is payable)
   • What it is: A receipt or challan generated upon paying GST liability for the month.
   • Purpose: Confirms tax payment, showing that the GST liability calculated in GSTR-3B has been settled with the tax authorities.
5. Monthly GSTR-3B Worksheet or Calculation Sheet
   • What it is: A worksheet or summary sheet used to calculate the total GST liability after adjusting input tax credit against outward tax liability for the month.
   • Purpose: Assists in preparing the GSTR-3B by providing a clear calculation of tax payable after credits, ensuring accuracy in tax reporting.
6. Bank Statement for GST Payments (if applicable)
   • What it is: A statement showing the bank transaction used to pay the GST liability, if paid via bank transfer.
   • Purpose: Serves as additional proof of GST payment, ensuring compliance and transparency in tax remittances.