Insights · Topic
GST notes
Returns, input tax credit, reconciliation, and notices under GST, explained with the checks that go with each step.
30 November: the time limit for input tax credit on FY 2025-26 invoices
Section 16(4) sets the last date for first-time credit on invoices of FY 2025-26. What stands outside it, and a four-week clearing routine.
Reconciling the books to GSTR-1, GSTR-3B, and GSTR-2B before you file
A checklist for matching sales and purchase registers to the GST returns and the auto-drafted statement, and what to settle before input tax credit is claimed.