The amount of input tax credit reversed as per this provision shall be added to the output tax liability of the Registered Person for the month in which the details are furnished.
GST, the biggest tax reform of the country, is envisaged to simplify tax management for companies and government equally.
It is important to compare invoices, which itself could run into large numbers, and identify the matches and differences. It is also necessary that the differences itself are analysed so that the corrective actions can be taken.
GST Filing Solution | IRIS Sapphire
EWay Bill Application | IRIS Topaz
GST API | IRIS Zircon
GST Notifications and Circulars
FAQ powered by IRISGST
#WFH Positivity Dossier
GST Compliance Calendar
Product Guide |IRIS Opal
Annual GST Return Filing
Registration Number: IS683782
GST Data for Credit Evaluation & Monitoring | IRIS Credixo
GSTIN Verification App | IRIS Peridot
E-Invoicing Solution | IRIS Onyx
ICICI Bank | Saral GST
Logo Infosoft | CaptainBiz
Moneycontrol.com | Easybiz