We, INDTAX BUSINESS ADVISORS LLP provides GST Input Tax Credit reconciliation, which is benefit to the clients in various ways. Normally, the clients do manual reconciliation which is a tedious and time-consuming task if the invoices are high in numbers, and does not guarantee 100% accuracy. We manage Input Tax Credit of the taxpayers to availe correct Input Tax Credit without any any errors.
With effect from 01st January, 2022, the taxpayer can only avail Input Tax Credit equivalent to the Input Tax Credit reflected in GSTR 2A. This means Input Tax Credit will be available only if sellar filed GSTR-1.