![[Case Study] GST Reconciliation in Manufacturing Industry](https://gstmedia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2019/07/04155820/228-Case-Study-GST-Reconciliation-in-Manufacturing-Industry.png)
The introduction of GST, has provided a great boost to the manufacturing sector by eliminating the cascading taxes. This has resulted in reducing cost of production.
GST, the biggest tax reform of the country, is envisaged to simplify tax management for companies and government equally.
How to Win Your GST Recon & Influence ITC | IRIS Sapphire | E-Sign your way to hassle-free filing | A 3-step Guide to Hassle-free GST Reconciliation
Every month’s GST filing, you need to reconcile your purchase data with all your suppliers’ sales data that they have uploaded on GSTN.
The ability to claim ITC on your purchases, has made the reconciliation of your purchase data with your suppliers’ data extremely crucial.
Application for Registration for TCS collector is to be filed in REG-07. Registration certificate to be issued in REG-06.
