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Tag: itc claim accuracy
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How to Create a Complete GSTR-2A Reconciliation Sheet in Excel for Accurate ITC Claim: Step-by-Step Method, Templates, Examples, and Advanced Excel Techniques
GSTR-2A reconciliation has become one of the most crucial compliance tasks for businesses operating under GST. The Input Tax Credit (ITC) you claim in GSTR-3B must match the invoices uploaded by your suppliers in their GSTR-1. Any mismatch can directly result in ITC reversal, penalties, or notices. One of the most convenient ways to manage…
