Firm Name.

Address 1,
Address 2,
Address 3

Date: XX/XX/XXXX

Sub: GST Policy on liability computation for Annual Return and

Reconciliation Statement for FY 2023-2024.

Dear Sir/Madam,

Our firm M/s XXXXXXXXXXXX. Party having GSTIN 24XXXXXXXXXX1ZA

having Registered office at
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXX for the financial year ended March 31, 2024.
We acknowledge our responsibility for the maintenance of books of accounts,
related documents, relevant registers in accordance with the requirements of
the GST laws.

This letter is provided to you in connection with, the furnishing of Form GSTR
9C by our firm under the GST Laws, and for the purpose of carrying out the
self-Certification function in Form GSTR 9C on our behalf.
I. Place of Business
Followings are the only place of business operated by us during the FY 2023-
24.
Registered Office
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXX

Branch Office:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXX

II. Outward Supply

a) We have not affected any supply of goods or services or both from places
other than those declared in the certificate of registration and all supplies
effected have been duly offered to revenue through GST returns filed
appropriately from time to time. Further all supplies or returns thereof,
including and not limited to supply of inputs, input services and capital
goods, supplied subjected to reverse charge mechanism and non-GST
 Firm Name.
Address 1,
Address 2,
Address 3
products have been duly classified and properly accounted for, by us in our
books of accounts.

b) All outwards supplies effected by us during the year were B2C supplies only
and invoices have been correctly recorded with HSN and GST rates as per
the GST Law in our books of accounts.

c) There were no supplies classified as deemed supplies or supplies to any

Related Parties or supplies between distinct entities / distinct persons *
requiring valuation as per Valuation Rules.

d) NO GST on Training TE: We have identified that Training TE is not subjected

to GST since the same is outside the scope of GST. We undertake to
represent the same before the department and shall discharge the GST
thereon, if found otherwise.

III. Inward Supply

a) All inward supplies of inputs goods and / or input services and / or capital
goods including returns thereof, have been duly classified and properly
accounted in the books of accounts and necessary documents are
available.

b) As per our policy on availment of ITC, We have not availed any input tax
credit on any services and Capital goods except Royalty (Pertaining to
Taxable Goods).

IV. Documentation
a) The Entries in Electronic Liability Ledger, Electronic Credit ledger and
Electronic Cash Ledger for the relevant year are reconciled with the
transactions in Returns and the Books of Accounts.
b) We have not raised any tax invoices other than the series reported in
the supply ledgers. There are no separate invoice series maintained with
respect to deemed supply, advances, etc. We use fully automated
software for capturing and recording our supplies and details thereof with
adequate backups.
c) We confirm we have maintained appropriate stock records as required
under the GST laws.

VI. Classification
 Firm Name.
Address 1,
Address 2,
Address 3
a) We have appropriately classified the applicable HSN for all goods/input
services/capital goods and GST tax have been accurately charged and
collected in accordance with the applicable schedules and/ or
notifications under the GST Act 2017.

VII. Reconciliation
a) We understand that reconciliation of data provided to you based on the
books and records, returns, relevant registers etc., have been matched with
financials and relevant returns filed by us from time to time in terms of the GST
laws. We confirm that the inward and outward supplies including non-GST
transactions, deemed supplies (transactions without consideration), if any, and
such other transactions have been duly consolidated and matched with the
financials.

VIII. Input Tax Credit

a) We have paid CGST / SGST and IGST as per GST laws.
b) We confirm that we have not availed input tax credits in respect of inward
supplies affected by us where we have not paid the supplier within a period of
180 days in terms of proviso to Section 16(2) of the CGST Act except as per
Annexure B attached hereto wherein the input tax credits have been reversed
along with applicable interest.
c) None of the goods on which we have claimed input credit are subsequently
lost or destroyed or disposed of by way of gift, free samples, etc., requiring
reversal of input credit and we understand the responsibility of preservation of
various documents under the GST Act.
d) We confirm that we have not taken any input tax credit in respect of
goods/Services restricted in terms of Section 17(5) of of the CGST Act i.e goods
specified under Block Credit except as specified in Annexure B.
e) We confirm that we have availed input tax credits in line with the law laid
down in terms of Section 49 of the CGST Act.
f) In respect of inward supplies of goods and / or services we confirm we have
not expensed the taxes and claimed input tax credit of the very same
transactions.
 Firm Name.
Address 1,
Address 2,
Address 3
g) We have claimed input tax credit on the following basis on fulfilment of the
relevant conditions stipulated under the relevant provisions of the GST laws
h) We confirm that input tax credit availed by us are in respect of use in course
or furtherance of business.
i) We are in possession of all the original tax invoices of inward / outward
supplies. We confirm having produced such original invoices for your
verification during the course of your audit proceedings. We reiterate that we
have availed input tax credits based on such original invoices relating to inward
supplies.
j) We have verified the calculations for reversal of credits as applicable under
rule 37, 42 and 43 as at the end of the year except as mentioned in annexure B
k) We have taken enough efforts to reconcile our ITC claims with GSTR 2B form
& availed the eligible ITC only which are supported by entries appearing in
Form GSTR 2B. In case of wrongful/Inadvertent claims we are aware of the
liability/contingent liability & [we have paid same along with interest while
filing of Annual return/ we shall bear with liability which may arise during future
assessments by authority].
l) As Per the Calcutta High Court's Suncraft vs. ACST Ballygunje ruling,
automatic ITC disallowals for supplier non-compliance are invalid. We ensure
thorough review and approval of all valid ITCs in GSTR-9/9C. Any disallowed
credits strictly follow the court's interpretation and are documented. We
prioritize legal adherence and affirm the submitted information's accuracy and
compliance. The total disallowed amount, if any, is accurately reflected in
GSTR-9/9C.

IX. Reversal of ITC (Others) for Deli2go Food Services:

a. During the year under consideration, we have identified that ITC on Food
related products supplied under our brand, Deli2go GST on supplies is
required to be discharged at specified rates without availing Input Tax
Credit.
b. Hence, we have reversed ITC claimed on such supplies during the month
of Feb & March, 2024 only.
c. We undertake to exhibit non-reversal of ITC for the preceding months of
our business operations or discharge the same as per the provisions of
the Act.

X. Calculation of Interest liability on short payment of Taxes

While calculation of Interest liability on late payment / Short payment of taxes
we have adhered to Notification No. 16/2021 – Central Tax- Dated 1st
 Firm Name.
Address 1,
Address 2,
Address 3
June, 2021 which clearly states that, Interest to be charged on net cash
liability only with effect from the 1st July, 2017. Hence, as per provisions we
have calculated the interest liability based on the net proportion of the liability
raised during the year.

XI. General
a) The accounting policies adopted by us are set out and elaborated in Notes to
Accounts attached to the financial statements.
b) None of the business premises were a subject matter of inspection by GST
Department Officers during the year.
c) We confirm that we have adhered to the provisions relating to time of supply
of goods and time of supply of services in terms of Section 12 and Section 13 of
the GST Act,
d) We confirm and reiterate that while we have our books and records in
compliance with the applicable statutes
g) We certify that the following statements, among others, submitted to you to
be true and correct:
i) Statement of monthly summaries of outward supplies and Inward supplies
(with tax analysis);
ii) Statement of debit note, and credit note and also journal entries (with tax
analysis);
v) Details of Other income / miscellaneous income.
vi) Details of expenses on which input tax credit is claimed together with tax
analysis thereof.
vii) Reconciliation of outward supply and Inward supply with ledger.
viii) We hereby state that we have identified and reversed ITC on Deli2go
products for the month of Feb & March, 2024 only.

For XXXXXXXXXXXXXXXX.

XXXXXXXXXXXXXXXXX
Proprietor