GST reconciliation mainly includes matching the data uploaded by the traders or sellers with those of the recipient's purchase data. This principally includes comparing the GSTR-2A/2B auto-populated ...
The FAQs hold that annual GST returns are final, non-revisable statements that often become the basis for audits and ...
The guidance highlights that mismatches in turnover, ITC, or tax liability between books and returns can trigger audits and ...
Finsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation. The product automates the ...
Hailed as a landmark reform, the Goods and Services (GST) Tax in India was introduced to bring all the indirect taxes under a common tax regime to foster a common market in the country. Before the ...
GSTN said that GSTR-2B is going to be an auto-drafted ITC statement which will be generated for every registered person on the basis of the information furnished by his suppliers in their respective ...
The government has recently made some changes in the GST return filing system. The return forms proposed earlier called the RET forms with ANX (annexures) have been shelved. The existing GST returns ...
Finsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation. The product automates the ...