GST : Tough time for Practitioners


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.