GSTR-9C Applicability FY 2025-26: ₹5 Crore Threshold Explained

GSTR-9C is the reconciliation statement furnished with the annual return by taxpayers crossing the prescribed turnover threshold.

What is the threshold?

The current rule requires GSTR-9C where aggregate turnover during the financial year exceeds ₹5 crore, subject to the applicable statutory framework and exclusions.

Is CA certification required?

GSTR-9C is now a self-certified reconciliation statement. The older statutory GST audit certification model should not be confused with the current requirement.

What does GSTR-9C reconcile?

The statement broadly reconciles annual GST data with the financial statements and explains differences in turnover, taxable turnover, tax paid and input tax credit-related information.

Common preparation sequence

1. Finalise the books and financial statements.
2. Complete GSTR-1 vs books reconciliation.
3. Complete GSTR-3B tax liability reconciliation.
4. Reconcile ITC with books and GST statements.
5. Prepare GSTR-9.
6. Prepare GSTR-9C explanations for remaining differences.

GSTR-9C should explain differences. It should not be used to hide differences that were never reconciled.