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A Complete Guide to increasing ITC Claim by Optimizing Vendor Compliance

You are losing your ITC due to your vendor’s non-compliance! This LIVE Session will help you with everything you need to monitor and optimize your vendor compliance.

SEPTEMBER  24th, 2021

11.00 A.M.

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Increasing your ITC need not be taxing!

Yes, GST reconciliation is a tedious process and is essential for ITC maximization. The goal of ITC maximization depends on multiple internal practices and tools used along with some external factors such as vendor compliance. Dealing with missing invoices and vendors seem strenuous but is rightly possible. Our GST experts are conducting this extensive masterclass to guide you with vendor compliance for maximizing your ITC claim.

What is covered?

  1. ITC Advancements from working in silos to getting entangled with the vendor compliance
  2. How vendor compliance will affect your ITC in today’s times
  3. Vendor Compliance Monitoring – It’s Possible
  4. 2B or Not 2B
  1. Using GSTR 2B to prepare your arsenal and help timely redressal of issues
  2. All about nudging your vendors
  3. Notifications and Circulars related to ITC claim and vendor compliance
  4. Q&A with experts

Tracking Vendor Compliance Is Key!

Be it in-house software or a GST solution that you are using for reconciliation and ITC tracking, it is ineffective if it does not support mechanisms to know and track vendor compliance. With the Government tightening its norms, not only the ITC from non-compliant vendors gets blocked, but other operational activities such as e-way bill generation also get adversely impacted.

This LIVE masterclass by IRIS GST experts will help you pave your way to ITC maximization by optimising your vendors’ compliance. It will be a complete guide for you wherein you can even ask all your queries directly to the experts!

ITC Reporting
GSTR-2A
Dealing with vendors
GSTR-2B
Advanced recon
ITC Maximization

About the hosts

Shilpa Dhobale

Shilpa Dhobale

 

A management accountant by profession, Shilpa leads the domain team of IRISGST suite of products and drives product conceptualisation, management, design and user experience with them.

She has played a leadership role in helping IRIS develop several software products which either author, validate or consume XBRL data. She has authored and co-authored many Guidance Notes, Research Papers on Structured data and has also written several eBooks on GST and related subjects. A voracious reader, Shilpa has chaired multiple knowledge sharing events at iCAI, ICSI, ICWAI, CII, FICCI and for corporate clients as well.

Ashwini Gorhe

 

A Chartered Accountant by profession, Ashwini works as Functional Analyst and Subject Matter Expert for IRIS GST offerings. She assists product development by analysing GST Rules and translating them to workable models leading to robust product development. As the subject matter expert, Ashwini also assists clients on GST related queries, conducts product demos and runs webinars on new updates on GST.

Ashwini-Gorhe

Join the LIVE Masterclass and get all your answers related to ITC maximizations and vendor compliance!

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