Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Reconciliation Process for GST Payment Data Discrepancies: Emphasizing Accuracy and Error Handling Between GSTN, Banks, and RBI.</h1> The reconciliation process for discrepancies in data transmission during GST payment procedures involving GSTN, authorized banks, RBI, and tax authorities. It emphasizes the importance of data accuracy at each communication stage, starting from GSTN to banks and RBI. The process includes real-time validation of data, identifying errors such as missing or incorrect CPINs, and handling discrepancies through a Memorandum of Error (MOE) process. The document details corrective measures for various error scenarios, including incorrect CIN reporting, mismatches in transaction amounts, and failures in communication between banks and RBI, ensuring accurate tax crediting and accountability.