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GST

Tax Guide

What is GST reconciliation and why must CAs do it every month?

Key mapping

GST reconciliation compares your purchase register or GSTR-1 data against GSTR-2B (auto-drafted ITC statement) to find mismatches before filing 3B. Unclaimed ITC = money left on the table. ITC claimed beyond 2B = DRC-01C notice.

Explanation

Monthly GST reconciliation is the process of matching: (1) your purchase invoices against GSTR-2B to identify ITC that can safely be claimed; (2) your sales register / GSTR-1 against GSTR-3B to confirm liability matches; (3) GSTR-2B vs GSTR-3B to ensure ITC claimed does not exceed 2B. Mismatches cause: DRC-01C (ITC excess over 2B), DRC-01B (3B tax short vs GSTR-1). Key rule: claim ITC only for invoices in GSTR-2B and paid within 180 days. Reconciliation should be done BEFORE filing GSTR-3B each month to avoid auto-notices. Verify on the GST portal before filing.

Related terms and sections

GST reconciliationGSTR-2BGSTR-3BITCmonthlyDRC-01CCA practicereconcile

Use this in practice

GST Reconciliation →GSTR-3B Late Fee Calc →

Related sections

IT Act 2025 Section Mapper →All GST notices explained →

All section references are sourced from the Income Tax Act 2025 (official gazette, incometaxindia.gov.in) and cross-referenced against CBDT's comparative statement. Always verify on the official portal before filing. This page is for reference only and does not constitute legal or tax advice.