Accountancy, asked by Mrbharatroxz, 10 months ago

how make GST reconciliation​

Answers

Answered by Anonymous
3

Answer:

Explanation:

GST Reconciliation and Matching are not new to any taxpayer. This has been prevalent in earlier VAT and excise regime too. Then, the matching of data between the books of accounts and tax returns was an easy task for many business organisations. If the tax department on processing returns found some discrepancy, communications would be sent to the taxpayer and accordingly further scrutiny and audits would be carried out by the authorities.

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