Matching Input Tax Credit (ITC) between GSTR-3B and GSTR-2B is essential for GST compliance, helping businesses avoid penalties and ensure accurate tax filings. GSTR-2B is a system-generated statement that shows eligible and ineligible ITC based on supplier filings, while GSTR-3B is a self-declared summary return filed monthly by the taxpayer.
Log in to the GST portal and download the GSTR-2B statement for the relevant tax period.
Download the corresponding auto-drafted GSTR-3B return for the same period from the portal.
Compare the eligible ITC figures in GSTR-2B with the ITC claimed in GSTR-3B.
Identify mismatches such as excess claims, short claims, or missing invoices.
Use GST reconciliation software or tools (like Gen GST software) for precise and faster comparison, as manual reconciliation is prone to errors.
Common causes of mismatches include:
Supplier errors in GSTR-1 filings.
Missing or incorrect invoice details.
Purchases under Reverse Charge Mechanism (RCM) not reflected properly.
Timing differences in reporting invoices.
Review invoice-level details to pinpoint specific discrepancies.
Contact suppliers to correct errors in their GSTR-1 returns if invoices are missing or incorrect.
Adjust your GSTR-3B in the subsequent month to reflect accurate ITC claims.
Reverse excess ITC claimed with interest if necessary.
Maintain documentation of all adjustments for audit purposes.
After reconciliation and corrections, finalize the ITC claim in GSTR-3B.
Ensure that the ITC claimed does not exceed the eligible ITC as per GSTR-2B.
File GSTR-3B within the due date to avoid penalties.
Perform this reconciliation every month immediately after GSTR-2B is available and before filing GSTR-3B. GST Institute in Delhi
Regular reconciliation prevents accumulation of discrepancies and reduces compliance risks.
SLA Consultants India offers a practical GST training course in Delhi, including the 110051 area, designed to equip professionals with hands-on GST compliance skills.
Course Highlights:
Covers GST registration, GSTR-1, GSTR-3B filing, and detailed reconciliation techniques including GSTR-2B vs GSTR-3B matching.
Real-time projects and use of GST software for practical learning.
Expert trainers with over 10 years of industry experience.
Flexible classroom and online batches suitable for working professionals.
100% placement assistance post course completion.
This course is ideal for graduates, CA/CS/CWA aspirants, and finance professionals seeking mastery in GST compliance and reconciliation processes9.
This stepwise approach ensures accurate ITC claims, compliance with GST laws, and prepares you for professional GST roles through SLA Consultants India’s practical training.
SLA Consultants Step-by-Step Guide to Matching ITC in GSTR-3B with GSTR-2B, Get Practical GST Course in Delhi, 110051, by SLA Consultants India, New Delhi, details with New Year Offer 2025 are available at the link below:
https://www.slaconsultantsindia.com/certification-course-gst-training-institute.aspx
https://slaconsultantsdelhi.in/gst-course-training-institute/
Contact Us:
SLA Consultants India
82-83, 3rd Floor, Vijay Block,
Above Titan Eye Shop,
Metro Pillar No. 52,
Laxmi Nagar, New Delhi,110092
Call +91- 8700575874
E-Mail: hr@slaconsultantsindia.com
Website: https://www.slaconsultantsindia.com/
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