By CA Khushboo Thirani, Tax Expert | Mar 6, 2024
Being a Chartered Accountant, her practical experiences does not limit to Finance & taxation. Working in a start-up with cross functional departments, have widened her experiences in the field of Business Development, Product Development and Key account Manger roles thereby leading her keen interest in the Business roles thereafter and contributing towards revenue growth of the company
As the fiscal year 2023-24 draws to a close, tax teams of many Indian enterprises are busy doing GST/ITC reconciliations for an accurate and timely closure of their books of accounts. Challenges are aplenty when these are manually done or using point solutions, compounded by the ever-changing GST rules. Matching transactions across the e-Invoicing/e-way bill portal data, GSTR-1, GSTR-2B, and GSTR-3B forms with your General Ledger (GL) at an annual level for multiple GSTINs tends to be nerve-wracking for your teams. The complexity amplifies while identifying missed Input Tax Credit (ITC) claims, and never-ending vendor follow-ups. Annual GST checks necessitate a sophisticated approach to avoid discrepancies and potential penalties across Income Tax, Company and GST law later. Join our webinar to empower your tax team with expert insights on navigating FY 2023-24 GST reconciliation challenges. Our tax expert will also explore the latest developments and introduce tech solutions to simplify compliance, enhance accuracy, and ensure smooth processing. Equip your enterprise to confidently manage the GST landscape and get compliance assurance.
Importance of ITC reconciliations
How to unlock additional ITC & reduce Delays?
Impact of Table-4 (GSTR-3B) automation in ITC claims
Tips & tricks for ITC recovery in case of non-compliant vendors
Automated vendor communication
Need for a Unified Compliance Platform
QnA
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