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Madhukar Hiregange's Guide to GST Compliance Review (with GSTR-9 & 9C) – Commercial's / Taxsutra, 2027 Edition

Published by Commercial Law Publishers (India) Pvt. Ltd. in association with Taxsutra, this is Madhukar Hiregange's Guide to GST Compliance Review, authored by CA Madhukar N. Hiregange, CA Mahadev R (B.Com., FCA) and CA Akshay M Hiregange (ACA, DISA). It is a working manual for the single most useful exercise a GST-registered business can undertake — reviewing its own compliance before the department does — and for the professional who has to sign off the annual return and the reconciliation statement.

What the book does

GST assessments, departmental audits and scrutiny notices now routinely reach back several financial years. A self-initiated compliance review is the only practical way to find and correct errors while correction is still cheap. This volume sets out the method: what to examine, in what order, with what documentation, and what to do with what the review throws up. It then carries that through into the clause-by-clause completion of Form GSTR-9, Form GSTR-4 and Form GSTR-9C.

Highlights of this edition

• Detailed discussion on conducting a GST compliance review, written so that internal auditors can fold it into their own scope and raise the quality of their output.
• Tips on data security review, including a discussion of the computer-assisted tools that make a review of large data sets practicable.
• A dedicated chapter on customs audit, with a customs review programme.
• Revised tax positions, reworked in the light of important case laws, GST notifications and circulars.
• Comprehensive clause-by-clause guidance on Form GSTR-9, Form GSTR-4 and Form GSTR-9C.
• More than 200 practical FAQs on GSTR-9 and 9C, with illustrations, suggested formats and tables.
• Discussion aligned to the amendments in annual returns and the self-certification requirement from FY 2020-21 up to FY 2023-24 — the full span a current review is likely to cover.
• Ready-to-use professional tools: an Internal Control Questionnaire (ICQ), an audit programme and a checklist, provided for use in compliance review and in filing GSTR-9 and GSTR-9C.

Areas covered

• Scope, planning and methodology of a GST compliance review, and how it differs from a statutory or internal audit.
• Review of outward supplies — classification, valuation, rate, place of supply, time of supply, exports and zero-rated supplies, and credit notes.
• Review of inward supplies and input tax credit — eligibility, blocked credits, reversals, apportionment, and reconciliation with GSTR-2B.
• Reverse charge, job work, e-way bills, e-invoicing and documentation.
• Reconciliation of books of account with the returns filed, and of GSTR-1, GSTR-3B and the annual return with each other.
• Preparation and clause-wise filing of GSTR-9 (annual return), GSTR-4 and GSTR-9C (reconciliation statement), including self-certification.
• Customs audit and a customs review programme.
• Common errors, departmental audit exposure and how findings should be disclosed and rectified.

Who should buy this book

• Chartered Accountants, Cost Accountants and GST practitioners certifying or preparing GSTR-9 and GSTR-9C.
• Internal auditors who want to bring GST within the scope of their review programme.
• Finance and indirect tax teams in industry running a self-review before a departmental audit or scrutiny.
• Advocates and consultants handling GST audits, demands and litigation, where the reconciliation is the starting point.

About the authors

CA Madhukar N. Hiregange (B.Com, FCA, DISA, CISA) is the founder partner of HNA & Co LLP, an indirect tax practice with offices across India, a former Central Council Member of the ICAI, and the joint author of more than thirty-five books on indirect taxation since 1997. CA Mahadev R and CA Akshay M Hiregange are partners in the same practice and specialise in GST compliance review, audit and litigation support.

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