GST : Tough time for Practitioners.

GST is going to become mess:-

You have to do Reco in between:-

A) ITC:-

1. As per GSTR-2A

2. As per GSTR-3B- You Took

3. As per GSTR-9 (Column-8)

4. As per your Books (BoA)

5. As per Available Invoices

6. Blocked Credits

7. Credit Not Eligible

B) Your Output:-

1. As per GSTR-1A

2. As per GSTR-1

3. As per E-Way Bill Register

4. As per Books (BoA)

5. As per GSTR-9

6. As per GSTR-3B

7. B2B vs B2C

8. Inter State vs Intra State

9. Exempted vs Taxable

*Then Reco in between* :-

1. Multiple Branches/States

2. Multiple Tax Catagory i.e 5%, 12%, 18%, 28%

3. RCM or Direct

4. Type of Tax (CGST/SGST/IGST)

5. NIL rated vs Exempted

6.. HSN Code Wise

7. Purchase/Assets/Expenses Wise

8. Month Wise/Year Wise

Anyone who is managing bulk data based company’s GST..?

*Pls add more issues you are facing while doing these in the comment column below.

Keep Keep adding issues/writing solutions/Forwarding this to reach/get the solution if anyone have.