Maintain accurate GST records with professional reconciliation of business accounts and GST portal data. We help identify differences between sales, purchases, input tax credit, tax liability and filed returns to support accurate GST reporting and compliance with applicable requirements.
Compare books of accounts with GST returns, portal statements and transaction records to identify reporting differences and inconsistencies.
Review purchase records against GSTR-2B and ITC claimed in GSTR-3B to identify missing invoices, excess claims and potential ineligible credit.
Identify potential differences in reported turnover, tax liability, input tax credit and other GST information requiring attention.
Receive a reconciliation summary with identified differences and guidance on applicable corrections, adjustments or further action.
We provide reconciliation assistance across GST returns, accounting records and portal statements to help businesses review their tax reporting, ITC claims and compliance position.
Compare outward supply details and tax liability reported in GSTR-1 with corresponding figures declared and paid through GSTR-3B.
Match supplier invoices, debit notes and available ITC information in GSTR-2B with the business purchase register to identify missing or unmatched documents.
Review ITC available, claimed, reversed and ineligible credit with supporting invoices and applicable GST provisions.
Compare accounting records, sales registers, purchase registers and financial information with filed GST returns to identify differences in reported figures.
Review output tax, reverse charge liability, tax paid and available electronic ledger information to identify potential payment differences.
Consolidate financial-year GST information and compare books, filed returns and ITC records to support annual return and applicable GSTR-9C preparation.
Our package focuses on reviewing GST data, identifying mismatches and providing practical reconciliation information according to the agreed scope and available business records.
Comparison of selected GST returns, portal statements and accounting records for the agreed tax period.
Summary of identified invoice mismatches, turnover differences, ITC variations and tax liability inconsistencies.
Review of available ITC, claimed credit, applicable reversals and tax payment differences requiring further verification.
Reconciliation working summary with suggested next steps for corrections, follow-up and applicable GST compliance.
The reconciliation process involves collecting accounting and GST records, comparing reported figures, identifying mismatches and preparing a summary of differences with appropriate corrective action guidance.
Review GST registration details, GSTIN, business activity, selected tax period and the type of reconciliation required, such as ITC, sales, tax liability or annual GST reconciliation.
Collect GSTR-1, GSTR-3B, GSTR-2B, sales and purchase registers, tax invoices, credit notes, debit notes, ledger details and relevant accounting records.
Compare outward supply details, reported turnover, tax liability and purchase information across GST returns and business books to identify differences.
Match purchase invoices with GSTR-2B and review ITC claimed in GSTR-3B. Identify missing invoices, duplicate claims, supplier reporting differences and potential ineligible credit.
Prepare a reconciliation summary showing identified differences in turnover, ITC, tax liability and payments, along with the records requiring correction or further clarification.
Provide guidance on applicable return amendments, ITC reversals, supplier follow-up, tax payment or other permitted corrective procedures based on the nature of the identified difference.
GST reconciliation is useful for registered businesses that need to verify their accounting records, tax reporting, input tax credit and compliance information across GST returns and portal statements.
Regular taxpayers filing GSTR-1 and GSTR-3B can reconcile their outward supplies, tax liability and return figures to identify reporting differences.
Businesses claiming ITC can compare purchase records with GSTR-2B and review credit claimed, reversed or requiring further eligibility verification.
Businesses with regular sales, purchases, expenses, credit notes and debit notes can reconcile their accounting records with GST portal information.
Taxpayers preparing GSTR-9 or applicable GSTR-9C can reconcile financial-year turnover, tax liability and ITC information before annual return compliance.
The following documents are commonly required for GST reconciliation. The exact checklist depends on the selected reconciliation type, business transactions and tax period.
GST registration certificate containing GSTIN, legal name, trade name and registration details.
Filed GSTR-1 returns, invoice details, amendments and outward supply information for the selected tax period.
Filed GSTR-3B returns containing reported outward liability, input tax credit, reversals and tax payment information.
Auto-drafted ITC statements downloaded from the GST portal for the relevant tax periods.
Available inward supply information for reviewing supplier-reported invoices and relevant ITC differences.
Available electronic cash ledger, credit ledger and liability register information for payment reconciliation.
Period-wise sales register containing invoice numbers, taxable values, tax rates and outward supply details.
Supplier-wise purchase records with invoice dates, taxable values, GST amounts and supplier GSTIN details.
Tax invoices, bills of supply and other supporting documents relating to outward and inward transactions.
Issued and received credit notes, debit notes and corresponding invoice references for verification.
Bills of entry, shipping bills, export invoices and other relevant import, export or SEZ supply records.
Supplier-wise GSTIN information, invoice references and supporting communication for missing or incorrect document details.
Relevant accounting ledgers and trial balance for reviewing GST-related transactions and balances.
ITC claimed, available, reversed and ineligible credit details with supporting calculations.
Challans, payment references and available records supporting GST tax payments and adjustments.
Profit and loss account, balance sheet and available turnover or tax reconciliation working papers for the relevant period.
Find answers to common questions about GST reconciliation, GSTR-2B, ITC mismatches, GSTR-1 and GSTR-3B differences and corrective compliance procedures.
Share your requirements with us. One of our experts will get back to you.