News and Updates By KMS
ITC matching is a recurring process and not an annual exercise. Matching of ITC with Form GSTR-2A/2B is coupled with stringent Government penal actions. Hence, the same ITC matching process should be included as an integral process of company’s monthly Tax
compliance and not just consider it as an annual exercise.
Update on amendments relating to GSTR-9 & GSTR 9C and GSTN new functionality