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Input Tax Credit (ITC) Reconciliation in GST: Updated Method 2023 

FinTaxPro
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In this video, we'll walk you through the latest and most efficient method for Input Tax Credit (ITC) reconciliation in the Goods and Services Tax (GST) regime for the year 2023. Keeping your ITC records accurate and up-to-date is crucial for businesses, and we're here to guide you through the process step by step.
Key points covered in this video:
Understanding the importance of ITC reconciliation in GST.
Explaining the changes and updates in the 2023 method.
Step-by-step instructions on how to reconcile your ITC in a hassle-free manner.
Tips and best practices for a smoother reconciliation process.
Common mistakes to avoid when reconciling ITC.
Using technology and software for efficient reconciliation.
Stay compliant, reduce errors, and maximize your tax benefits with the updated ITC reconciliation method. Don't miss out on this essential knowledge for business owners, accountants, and GST filers.
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Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of RU-vid videos.
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15 окт 2024

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Комментарии : 165   
@anubhabdi
@anubhabdi 6 месяцев назад
Very much appreciable guidance.Many more such guidences on the same subject with more elaborately expected in future.
@learnwithvikku6427
@learnwithvikku6427 11 месяцев назад
Sir, pls make a video on Excel for accountant.
@WHOHAQ1975
@WHOHAQ1975 11 месяцев назад
Sir please excel vedio
@amanshrivastav7399
@amanshrivastav7399 9 месяцев назад
Bhai excel + chatgpt krle alag se koi bhi excel formula & trick use nhi krna prega
@Hickey-zb1pp
@Hickey-zb1pp 3 месяца назад
​@@amanshrivastav7399 how ?
@DM-YouTube
@DM-YouTube 7 месяцев назад
Sir, you videos are always very helpful. Could you please make one video on how to fill the ITC table options in 3B as per Reconciliation result. Like 1.What to do when bills are in 2B but not in books as material is not received 2.What to do when bills are in books but not in 2B Both these can be bills of allowable ITC & disallowed ITC How to show the values in 3B ITC table options & Accounting entries thereof in such cases
@SumeetPathare
@SumeetPathare 10 месяцев назад
Plsss....sir we really want a full fledged video on ms-excel... From basic to advanced... Your teaching style is amazing 😍
@ManojSharma-wv6yx
@ManojSharma-wv6yx Месяц назад
Please make a complete video on Excel formulas and shortcuts. Example - vlookup,table etc
@dileepsharma3090
@dileepsharma3090 6 месяцев назад
Sir please make details videos on Excel
@SAHIL_.XX6
@SAHIL_.XX6 11 месяцев назад
Hello Sir, Please make excel basic to advanced video tutorial which is beneficial for an accountant
@FinTaxPro
@FinTaxPro 11 месяцев назад
Sure I will
@xioracky
@xioracky Месяц назад
This brings tears to my eyes,seeing how hard and complicated this is, I just import JSON into tally and work there, reconciliation done in 5 minutes, If I had to do this every month I would never be able to file returns :D
@nareshgohel1806
@nareshgohel1806 11 месяцев назад
Sir, what i suggest is, can we take data of table 8A of portal for full year reconciliation ?
@itsvinitsingh
@itsvinitsingh 11 месяцев назад
Thank you Sir ❤ bholenath ka ashirwad bana rahe aap pe
@thebingefactory5881
@thebingefactory5881 11 месяцев назад
Sir, this vlookup function can be reduced if you add a new column in your merge data sheet, like making only 1 single sheet for merge data of 2b and books. And making a column with name source and mention 2b and tally for relevant data in the rows. And in pivot use that under column heading in pivot. This will make both tally and 2b data coming simultaneously beside each other, upon the same gst number.
@FinTaxPro
@FinTaxPro 11 месяцев назад
Yes last year i have already made a video on that.
@GauravSharma-bt2fj
@GauravSharma-bt2fj 11 месяцев назад
​@@FinTaxProsir, we all value your efforts please make a video on Excel for gst professionals
@CA_Hardev_Jadeja1
@CA_Hardev_Jadeja1 10 месяцев назад
yes sir we want detailed video on excel basic functions
@shwetaagarwal6382
@shwetaagarwal6382 4 месяца назад
This is a very good and informative video! Thankyou so much sir!!
@rahulsingh-ij7ur
@rahulsingh-ij7ur 11 месяцев назад
Same direct 2b ko download krne se or aap jaise btaya usse download krne se kya difference hoga?
@gauravgarg9509
@gauravgarg9509 2 месяца назад
Can ITC be claimed if purchase are not recorded in books of accounts. If yes, then what is time limit to record purchases in books of accounts
@pavanguggilam5273
@pavanguggilam5273 9 месяцев назад
Hi, sir. I am from Andhra pradesh. I like your videos. Please make your videos and offer your courses in 100℅ English language also.
@viralshorts8178
@viralshorts8178 11 месяцев назад
yes sir please make the video on excel mostly for gst and income tax work
@Tally930
@Tally930 11 месяцев назад
Thanks u for making video on itc reco. I want to learn also Excel so please make a video on Excel.
@raghuca5230
@raghuca5230 11 месяцев назад
Sir, please make a video on Excel.
@MailbankKbjassociates
@MailbankKbjassociates 11 месяцев назад
Sir,For Quaterly return filler, Any suggestion if the client has not claimed ITC in Q2.
@arpitabhatnagar1441
@arpitabhatnagar1441 2 месяца назад
Please make video on ineligible, partly eligible ITC, reversal
@biswajitadak6722
@biswajitadak6722 10 месяцев назад
Yes Sir please make a video on Excel
@NitileshPednekar
@NitileshPednekar 3 месяца назад
Good video , simple way
@SurajKumar-io3wp
@SurajKumar-io3wp 11 месяцев назад
Sir mai pay nhi kr skta hu course k liye par m ye sb sikhna chahta hu mujhe interest h taxation and accounting mai.mere pass pese nhi h pay krne ke aap free video dalte rahe youtube par thanks
@pb0001x
@pb0001x 10 месяцев назад
Apki sari videos ❤❤❤❤❤❤❤❤❤❤❤
@ramsahu7298
@ramsahu7298 10 месяцев назад
Sir duties and taxes me jaakr hum data export kr skte hai kyu ki usme Sare expenses and purchase aa jata hai....
@varsha2016
@varsha2016 8 месяцев назад
Sir, agr kisi company mein 2021-2022 tk sirf purchase kri ho. Toh uska portal pr ITC claim pending rehta hai.Aur 2022-2023 mein sale bhi start ho gyi ho....toh sir 2023 se lekar abtk tk jo bhi challan mein payable amount bnegi sale bill ki vajah se vo pending ITC se neglect hoti rhgi na???jbtk pura credit balance khtm na hojaye... please tell me ye shi h,??
@vikassrivastava2149
@vikassrivastava2149 11 месяцев назад
Yes sir Excel pr bana dijiye sir all basic formula
@Shravan1231000
@Shravan1231000 9 месяцев назад
Sir credit note or amended invoices ka data kaise merge kare...amt negative le ya positive hi rakhe..??
@SuperAndy1983
@SuperAndy1983 4 месяца назад
Yes sir .....want detail excel video
@shivajichavan1751
@shivajichavan1751 11 месяцев назад
Sir please send this video again & again for learning staps
@Akhileshyadav-qi1uh
@Akhileshyadav-qi1uh 11 месяцев назад
Sir please make video on excel if possible.......its very valuable for us.
@RushikeshBodhane
@RushikeshBodhane Месяц назад
Dear Sir , Hi please make video on GST payable reco
@tulasiramtripathy6446
@tulasiramtripathy6446 10 месяцев назад
Very nice. Excel master class need
@amichand3138
@amichand3138 4 месяца назад
Sir Facebook ki bill date or 2B me difference hota hai to us case me ITC kaise le
@actkikuwa2832
@actkikuwa2832 11 месяцев назад
we need excel video regarding v-lookup, h-lookup ,poivoit table
@visheshsinha1458
@visheshsinha1458 11 месяцев назад
Please sir basic excel mein jo daily formula use hote hai unpe ek detailed video bana do.
@pmsafee7426
@pmsafee7426 11 месяцев назад
Sir Please make an video on MS Excel for Tax Consultant or Tax Accountant.
@rautgulshan
@rautgulshan 11 месяцев назад
Sir GSTR1 Book ko kaise reconcil kre, aur kin kin chijo Ko trial Balance se match kre taki Hamara GSTR1 proper ready ho jaye
@Autojat
@Autojat 7 месяцев назад
Sir make a video on itc restricted due to change in pos rule. How it is treated in gstr-3B and as well in tally. In my case i have not avail itc as it is restricted nor it is show in total itc available but unfortunately seller upload a credit note against this which is show in total itc available in negative
@ramgopalyadav3522
@ramgopalyadav3522 11 месяцев назад
Sir itne saare ledger export karne se better hai sirf input IGST, input CGST Ke ledger ko columnar me karke export kar sakte Hain, correct me if I am wrong
@Rahul-tx8fo
@Rahul-tx8fo 11 месяцев назад
Pata hai
@Rahul-tx8fo
@Rahul-tx8fo 11 месяцев назад
You are correct
@pradeepshende9416
@pradeepshende9416 11 месяцев назад
Sir if we can't avail itc after oct then can supplier show his sale? He also not liable to show his sale. Correct
@shaguftashaikh919
@shaguftashaikh919 2 месяца назад
amazing. thank you so much
@mehtabshaikh7454
@mehtabshaikh7454 11 месяцев назад
Sir how did you arrange tally and GST data so chronologically??? I mean Agar Mai export bhi Karu toh same party ka data Ek dusre k opposite Mai nhi hota ooper niche hota hai nd it's only possible when We use software like winman and other... Can you please clarify this
@harshgohil4367
@harshgohil4367 3 месяца назад
Same doubt
@Rahul-tx8fo
@Rahul-tx8fo 11 месяцев назад
Yes make video on excel for account
@rahulsingh-ij7ur
@rahulsingh-ij7ur 11 месяцев назад
Tally me ledger wise q, jay?? Tally Gst 3b summary me pura 1year ka nikl skte hai.
@DAEBAK-z4m
@DAEBAK-z4m 2 месяца назад
Sir you are great 🎉🎉🎉❤
@rupeshpandit8094
@rupeshpandit8094 Месяц назад
Sir transportation work ki accounting ke liye video banaiye
@bhavnasolanki7954
@bhavnasolanki7954 10 месяцев назад
Sir, please make this reconciliation video of GSTR 3B for monthly party.
@pushtidholakiya2105
@pushtidholakiya2105 Месяц назад
Sir please make video on whole excel
@behappychildren1437
@behappychildren1437 11 месяцев назад
But sir, kuch ITC 2A mai show hoti hai but ham 3B mai bhee claim nhi krte hai woh kaise Match karenge
@imtiyazsheikh6597
@imtiyazsheikh6597 11 месяцев назад
Sir Pivot table se hi reco kar sakte hai
@meet.prajapati1999
@meet.prajapati1999 11 месяцев назад
Sir, please make a video for a detailed Excel program.
@sunilkumarprajapati1262
@sunilkumarprajapati1262 6 месяцев назад
Sir isme debit or credit bhi merge kar sake hai kya
@vickychourasia2032
@vickychourasia2032 11 месяцев назад
Yes sir please make excel video
@anirbanpatra6898
@anirbanpatra6898 3 месяца назад
Thank you so much Sir,
@dewangananil4400
@dewangananil4400 3 месяца назад
Sir please make video on excell working like vlookup and pilot table.
@vishalsahota1686
@vishalsahota1686 16 дней назад
Sir excel ke upper basic to advance video bna do please
@Neeta12316
@Neeta12316 10 месяцев назад
Excel shortcuts for accountant point of view pls make video sir
@SanjayKumar-kz7dg
@SanjayKumar-kz7dg 11 месяцев назад
Great Job 👍
@FinTaxPro
@FinTaxPro 11 месяцев назад
Thank you! Cheers!
@RahmanKhan-y4r
@RahmanKhan-y4r 7 месяцев назад
please make a detailed video on excell
@vartikasukhwani742
@vartikasukhwani742 11 месяцев назад
Sir, please make a video on excel function and its shortcut so we can learn and make command
@manishkeshorts0007
@manishkeshorts0007 3 месяца назад
You can export input cgst and igst ledgers
@amankeshari5433
@amankeshari5433 11 месяцев назад
Sir needed Video on Excel...
@farheenahmed242
@farheenahmed242 11 месяцев назад
Sir please make a video on excel for beginner to expert
@swathivenugopal8325
@swathivenugopal8325 5 месяцев назад
Nice method
@shivam-gupta2004
@shivam-gupta2004 11 месяцев назад
Sir excel par ek detailed video bhi bana do
@dineshchauhan5871
@dineshchauhan5871 11 месяцев назад
Dear Respected Sir, 🙏🙏 Please make one video of Excel.
@arpitraj4546
@arpitraj4546 4 месяца назад
Tally Mai backup & restore aur ek company Mai _ four log kasi kaam kargaya
@sanjaymukherjee6046
@sanjaymukherjee6046 11 месяцев назад
Sir please make an Ms Excel detailed video.... And sir also make some more videos on chatgpt
@suhana9898
@suhana9898 11 месяцев назад
Sir kindly make a video in Excel. Thank you
@SaifAli-ip3fq
@SaifAli-ip3fq 4 месяца назад
Thank you sir ❤
@fatemapresswala5023
@fatemapresswala5023 5 месяцев назад
Can u pls make video on gstr3b working as ur videos r v usefu
@swapnilpachpande1176
@swapnilpachpande1176 11 месяцев назад
Sir Excel ke upar ek Detailed video banaye Sir
@rajutanwar5476
@rajutanwar5476 4 месяца назад
Sir apne Merge karna nhi btaya B2B,CN,import kaise merge kiyas
@girishkumar3358
@girishkumar3358 10 месяцев назад
Sir plz make the video on excel for excel working
@vinodkumarprajapati5221
@vinodkumarprajapati5221 5 месяцев назад
Sir Excel par full detail video bana do bhaiya GST and tax use
@sujitkumarmishra8021
@sujitkumarmishra8021 10 месяцев назад
Sir excel pr v ek video bna do please
@imranisammy2342
@imranisammy2342 11 месяцев назад
Sir please make a Excel details video for accountant
@sandeepkumar-jh1vy
@sandeepkumar-jh1vy 11 месяцев назад
Sir excel detail video leke aaiye sbki demand hai
@RajeshSharma-zh9wt
@RajeshSharma-zh9wt 11 месяцев назад
Excel ki pivot table sikha dijiye sir
@ashishsahu4041
@ashishsahu4041 11 месяцев назад
Sir Excel details Wali video bano
@subhashsaha6068
@subhashsaha6068 Месяц назад
Thanks
@hemantpandit1718
@hemantpandit1718 6 месяцев назад
Arey sir Fals formula use kar diya karo for matching
@SunilY03.
@SunilY03. 10 месяцев назад
Sir please detailed guide video on excel chahiye
@deepakkumarsahu7101
@deepakkumarsahu7101 9 месяцев назад
Sir Excel me ek video banaye sir plz
@SurajYadav-lt8df
@SurajYadav-lt8df 11 месяцев назад
sir bna do ek complete video excel pe
@hoteldiplomat4129
@hoteldiplomat4129 Месяц назад
please sir make video on excel
@sunilkumar-sx9ls
@sunilkumar-sx9ls 3 месяца назад
Hlo sir excel video for accountant use
@rinkusharma7093
@rinkusharma7093 10 месяцев назад
Pls make an Excel video
@azimkhan5792
@azimkhan5792 9 месяцев назад
Please banaye sir excel complete video
@MamtaRani-g8r
@MamtaRani-g8r 10 месяцев назад
Sir plzzz exls pe video banaye Ap detail me plzzzz sir
@RAJEEVKUMAR-xl1xp
@RAJEEVKUMAR-xl1xp 11 месяцев назад
Hi Please make an advance excel video
@FinTaxPro
@FinTaxPro 11 месяцев назад
Okay
@vikasjha9071
@vikasjha9071 11 месяцев назад
Sir ek kaam or kriye sumif ka formula laga k same invoice number me do bar ata h vo htaa dijiye Varna 2 tax repeat hoge
@taxnetconsultancy674
@taxnetconsultancy674 11 месяцев назад
please sir make a videos for advance excel function
@taxnetconsultancy674
@taxnetconsultancy674 11 месяцев назад
Sir quaterly to download ho jata hain
@nileshgujar07
@nileshgujar07 11 месяцев назад
Video on excel in detail sir
@bittusinghrajput1413
@bittusinghrajput1413 11 месяцев назад
sir excel use for accountant
@Scalpdaytrader
@Scalpdaytrader 11 месяцев назад
Sir Excel detailed video benaiye 🙏
@FinTaxPro
@FinTaxPro 11 месяцев назад
Ok sure
@mansukhdugar2519
@mansukhdugar2519 11 месяцев назад
Yarly Itc available in Table 8a in gstr9
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ITC Reconciliation in GST #GST #Reco #GSTR2A #GSTR2B
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