Webinar
Final Countdown: Key Actions for ITC Finalization for FY 2023-24
Join us for an in-depth session on the essential steps to finalize your Input Tax Credit (ITC) for FY 2023-24. Gain insights on compliance deadlines, navigate new ITC rules, and discover best practices to avoid costly errors. Prepare your team for smooth, compliant financial reporting—just in time for the year-end.
Date: 19th November 2024Â |Â Time: 11 AM IST
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Know Your Speaker
Ashwini Gorhe
Ashwini is a Product Manager at IRIS Business Services Ltd with 12 years of experience. She is a Chartered Accountant by profession.
As a Product Manager, Ashwini plays a pivotal role in shaping the company’s GST product roadmap. Her responsibilities include in-depth research on market trends, understanding the complexities of Goods and Services Tax (GST) regulations, and translating this knowledge into product-level business strategies and validation rules.
Apart from her strategic contributions, Ashwini is actively involved in providing hands-on assistance to clients, offering solutions to critical GST-related queries. Ashwini frequently conducts product demonstrations, guiding taxpayers on leveraging the IRIS GST offerings to enhance their productivity and ensuring GST compliance with ease.
As a Product Manager, Ashwini plays a pivotal role in shaping the company’s GST product roadmap. Her responsibilities include in-depth research on market trends, understanding the complexities of Goods and Services Tax (GST) regulations, and translating this knowledge into product-level business strategies and validation rules.
Apart from her strategic contributions, Ashwini is actively involved in providing hands-on assistance to clients, offering solutions to critical GST-related queries. Ashwini frequently conducts product demonstrations, guiding taxpayers on leveraging the IRIS GST offerings to enhance their productivity and ensuring GST compliance with ease.
Recognizing the importance of educating taxpayers on the ever-evolving GST landscape, Ashwini takes the initiative to run various webinars focused on topics like e-invoicing and updates on GST.
What’s Covered in the Live Webinar?
Introduction
• Importance of ITC finalization for GST compliance and financial reporting
Deadline Essentials: The 30th of November ITC Claim Deadline
• Impact of missing the deadline on financials and penalties
• How timely ITC claims affect financial statements
• How timely ITC claims affect financial statements
Navigating New ITC Rules and IMS
• Recent changes to ITC-related regulations
• Impact of the Invoice Matching System (IMS) on reconciliation
• Impact of the Invoice Matching System (IMS) on reconciliation
Annual ITC Reconciliation Process: A Step-by-Step Guide
• Key steps to reconcile ITC for FY 2023-24
• Tools and technology to streamline the reconciliation process
• Tools and technology to streamline the reconciliation process
Avoiding Common Pitfalls in ITC Reconciliation
• Identifying and correcting common reconciliation mistakes
• Real-world examples and how to avoid costly errors
• Real-world examples and how to avoid costly errors
Best Practices for ITC Compliance
• Integrating IMS with reconciliation for better accuracy
• Strategies to stay compliant and maintain ongoing accuracy
• Strategies to stay compliant and maintain ongoing accuracy
Register now to stay ahead of the curve!
Do Not Miss this Expert-Led Live Session!
This webinar offers a deep dive into the critical steps for finalizing Input Tax Credit (ITC) for FY 2023-24. Join our expert-led session to understand the upcoming 30th November ITC claim deadline, recent regulatory changes, and the practicalities of the Invoice Matching System (IMS). From avoiding common reconciliation mistakes to leveraging technology for accuracy, this session covers everything you need to ensure smooth ITC finalization and compliance. Perfect for finance professionals, tax managers, and compliance teams focused on maximizing accuracy and minimizing financial risks.
Ensure Compliance, Maximize Accuracy — Reserve Your Spot Now!
Don’t miss this exclusive opportunity to gain actionable insights from the experts leading the IMS rollout. Click the link below to ensure your business is fully prepared for the future of GST compliance!
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