{"id":2051,"date":"2022-04-03T07:33:49","date_gmt":"2022-04-03T07:33:49","guid":{"rendered":"http:\/\/finotaxsolutions.in\/?page_id=2051"},"modified":"2022-04-07T17:09:55","modified_gmt":"2022-04-07T17:09:55","slug":"gst-reconcilation","status":"publish","type":"page","link":"https:\/\/finotaxsolutions.in\/index.php\/gst-reconcilation\/","title":{"rendered":"GST Reconcilation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2051\" class=\"elementor elementor-2051\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f78a7fa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f78a7fa\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6d43709\" data-id=\"6d43709\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d1b97ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d1b97ab\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6903f8e\" data-id=\"6903f8e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-93b76cb elementor-widget elementor-widget-heading\" data-id=\"93b76cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><u>GST RECONCILATION<\/u><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ff55688\" data-id=\"ff55688\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b4235a2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b4235a2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e2fd98f\" data-id=\"e2fd98f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e82db13 elementor-widget elementor-widget-text-editor\" data-id=\"e82db13\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"margin-bottom: 0cm;\">GST reconciliation is a process of matching sales and purchase data on different GST returns and sales and purchase registers, Under GST, reconciliation helps the taxpayers know if the taxes are short\/excess paid or not paid at all. Here are the different types of GST reconciliation that :\u00a0<\/p><h6>\u00a0<\/h6><h5 style=\"margin-bottom: 0cm;\"><span style=\"text-decoration: underline;\"><strong>GST RECONCILIATION<\/strong><\/span><\/h5><ul><li>Reconciliation between GSTR- 3B and the GSTR-2B to match Input Tax Credit (ITC)\u00a0<\/li><li>Reconciliation between\u00a0GSTR-3B and\u00a0GSTR-1\u00a0to know discrepancies in sales details\u00a0<\/li><li>Reconciliation between the provisional ITC and the actual ITC claimable under GSTR-2B.<\/li><\/ul><h5><span style=\"text-decoration: underline;\">\u00a0IMPORTANT <\/span><span style=\"text-decoration: underline;\">GST RECONCILIATION<\/span><\/h5><ol><li>To claim accurate Input Tax Credit for any invoice raised in any previous financial year\u00a0<\/li><li>To keep a tab on the duplicity of data\u00a0<\/li><li>To validate data by reconciling different\u00a0GST returns\u00a0<\/li><li>To issue\u00a0CDNs\u00a0or file amendments in case if there is any mismatch due to human 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Here are the different types of GST reconciliation that :\u00a0 \u00a0 GST RECONCILIATION Reconciliation between [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-2051","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/pages\/2051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/comments?post=2051"}],"version-history":[{"count":33,"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/pages\/2051\/revisions"}],"predecessor-version":[{"id":2406,"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/pages\/2051\/revisions\/2406"}],"wp:attachment":[{"href":"https:\/\/finotaxsolutions.in\/index.php\/wp-json\/wp\/v2\/media?parent=2051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}