https://www.taxtmi.com/article/detailed?id=10718 Ensure timely completion of Input Tax Credit reconciliation and adjustments: reconcile ITC in books with ITC claimed in GSTR 3B for the year and the April-September post year period, avail eligible residual ITC by the statutory last return filing for the post year period, reverse ineligible credits with interest, follow up with suppliers for corrected outward supply reporting, identify purchases from composition or non compliant registrants and correct ITC claims, and discharge reverse charge obligations including self invoicing where applicable. en-us Tue, 27 Sep 2022 07:19:19 +0530 Tue, 27 Sep 2022 07:19:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10718 Ensure timely completion of Input Tax Credit reconciliation and adjustments: reconcile ITC in books with ITC claimed in GSTR 3B for the year and the April-September post year period, avail eligible residual ITC by the statutory last return filing for the post year period, reverse ineligible credits with interest, follow up with suppliers for corrected outward supply reporting, identify purchases from composition or non compliant registrants and correct ITC claims, and discharge reverse charge obligations including self invoicing where applicable. Articles Goods and Services Tax - GST Tue, 27 Sep 2022 07:19:19 +0530 https://www.taxtmi.com/article/detailed?id=10718