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

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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Пікірлер: 153

  • @learnwithvikku6427
    @learnwithvikku64279 ай бұрын

    Sir, pls make a video on Excel for accountant.

  • @WHOHAQ1975

    @WHOHAQ1975

    9 ай бұрын

    Sir please excel vedio

  • @amanshrivastav7399

    @amanshrivastav7399

    7 ай бұрын

    Bhai excel + chatgpt krle alag se koi bhi excel formula & trick use nhi krna prega

  • @Hickey-zb1pp

    @Hickey-zb1pp

    Ай бұрын

    ​@@amanshrivastav7399 how ?

  • @anubhabdi
    @anubhabdi4 ай бұрын

    Very much appreciable guidance.Many more such guidences on the same subject with more elaborately expected in future.

  • @shwetaagarwal6382
    @shwetaagarwal63822 ай бұрын

    This is a very good and informative video! Thankyou so much sir!!

  • @SumeetPathare
    @SumeetPathare8 ай бұрын

    Plsss....sir we really want a full fledged video on ms-excel... From basic to advanced... Your teaching style is amazing 😍

  • @itsvinitsingh
    @itsvinitsingh9 ай бұрын

    Thank you Sir ❤ bholenath ka ashirwad bana rahe aap pe

  • @thebingefactory5881
    @thebingefactory58819 ай бұрын

    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

    9 ай бұрын

    Yes last year i have already made a video on that.

  • @GauravSharma-bt2fj

    @GauravSharma-bt2fj

    9 ай бұрын

    ​@@FinTaxProsir, we all value your efforts please make a video on Excel for gst professionals

  • @SAHIL_.XX6
    @SAHIL_.XX69 ай бұрын

    Hello Sir, Please make excel basic to advanced video tutorial which is beneficial for an accountant

  • @FinTaxPro

    @FinTaxPro

    9 ай бұрын

    Sure I will

  • @shaguftashaikh919
    @shaguftashaikh91914 күн бұрын

    amazing. thank you so much

  • @NitileshPednekar
    @NitileshPednekarАй бұрын

    Good video , simple way

  • @CA_Hardev_Jadeja1
    @CA_Hardev_Jadeja19 ай бұрын

    yes sir we want detailed video on excel basic functions

  • @DM-YouTube
    @DM-YouTube5 ай бұрын

    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

  • @nareshgohel1806
    @nareshgohel18069 ай бұрын

    Sir, what i suggest is, can we take data of table 8A of portal for full year reconciliation ?

  • @pb0001x
    @pb0001x8 ай бұрын

    Apki sari videos ❤❤❤❤❤❤❤❤❤❤❤

  • @arpitabhatnagar1441
    @arpitabhatnagar144118 күн бұрын

    Please make video on ineligible, partly eligible ITC, reversal

  • @anirbanpatra6898
    @anirbanpatra6898Ай бұрын

    Thank you so much Sir,

  • @DAEBAK-z4m
    @DAEBAK-z4m25 күн бұрын

    Sir you are great 🎉🎉🎉❤

  • @anirbanpatra6898
    @anirbanpatra68982 ай бұрын

    Thank you so much Sir.

  • @viralshorts8178
    @viralshorts81789 ай бұрын

    yes sir please make the video on excel mostly for gst and income tax work

  • @raghuca5230
    @raghuca52309 ай бұрын

    Sir, please make a video on Excel.

  • @SuperAndy1983
    @SuperAndy19832 ай бұрын

    Yes sir .....want detail excel video

  • @dileepsharma3090
    @dileepsharma30904 ай бұрын

    Sir please make details videos on Excel

  • @Tally930
    @Tally9309 ай бұрын

    Thanks u for making video on itc reco. I want to learn also Excel so please make a video on Excel.

  • @SurajKumar-io3wp
    @SurajKumar-io3wp9 ай бұрын

    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

  • @user-od4qh4tx5e
    @user-od4qh4tx5e9 ай бұрын

    Sir,For Quaterly return filler, Any suggestion if the client has not claimed ITC in Q2.

  • @biswajitadak6722
    @biswajitadak67228 ай бұрын

    Yes Sir please make a video on Excel

  • @gauravgarg9509
    @gauravgarg950913 күн бұрын

    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

  • @SaifAli-ip3fq
    @SaifAli-ip3fq2 ай бұрын

    Thank you sir ❤

  • @RakeshKumar-eq6ir
    @RakeshKumar-eq6ir9 ай бұрын

    T̤h̤a̤n̤k̤ y̤o̤ṳ s̤i̤r̤ 😍🇮🇳🥰🙏🏽

  • @SanjayKumar-kz7dg
    @SanjayKumar-kz7dg9 ай бұрын

    Great Job 👍

  • @FinTaxPro

    @FinTaxPro

    9 ай бұрын

    Thank you! Cheers!

  • @dewangananil4400
    @dewangananil4400Ай бұрын

    Sir please make video on excell working like vlookup and pilot table.

  • @actkikuwa2832
    @actkikuwa28329 ай бұрын

    we need excel video regarding v-lookup, h-lookup ,poivoit table

  • @pradipchakraborty7892
    @pradipchakraborty78926 ай бұрын

    Sir, please make a video on advanced techniques for utilization of Excel formulas .

  • @pavanguggilam5273
    @pavanguggilam52737 ай бұрын

    Hi, sir. I am from Andhra pradesh. I like your videos. Please make your videos and offer your courses in 100℅ English language also.

  • @manishkeshorts0007
    @manishkeshorts0007Ай бұрын

    You can export input cgst and igst ledgers

  • @vickychourasia2032
    @vickychourasia20329 ай бұрын

    Yes sir please make excel video

  • @swathivenugopal8325
    @swathivenugopal83253 ай бұрын

    Nice method

  • @tulasiramtripathy6446
    @tulasiramtripathy64468 ай бұрын

    Very nice. Excel master class need

  • @ashutoshsharma2537
    @ashutoshsharma25377 ай бұрын

    Nice

  • @FinTaxPro

    @FinTaxPro

    7 ай бұрын

    Thanks

  • @ramgopalyadav3522
    @ramgopalyadav35229 ай бұрын

    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

    9 ай бұрын

    Pata hai

  • @Rahul-tx8fo

    @Rahul-tx8fo

    9 ай бұрын

    You are correct

  • @Akhileshyadav-qi1uh
    @Akhileshyadav-qi1uh9 ай бұрын

    Sir please make video on excel if possible.......its very valuable for us.

  • @Rahul-tx8fo
    @Rahul-tx8fo9 ай бұрын

    Yes make video on excel for account

  • @vikassrivastava2149
    @vikassrivastava21499 ай бұрын

    Yes sir Excel pr bana dijiye sir all basic formula

  • @shivajichavan1751
    @shivajichavan17519 ай бұрын

    Sir please send this video again & again for learning staps

  • @amichand3138
    @amichand31382 ай бұрын

    Sir Facebook ki bill date or 2B me difference hota hai to us case me ITC kaise le

  • @visheshsinha1458
    @visheshsinha14589 ай бұрын

    Please sir basic excel mein jo daily formula use hote hai unpe ek detailed video bana do.

  • @fatemapresswala5023
    @fatemapresswala50233 ай бұрын

    Can u pls make video on gstr3b working as ur videos r v usefu

  • @Autojat
    @Autojat6 ай бұрын

    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

  • @pmsafee7426
    @pmsafee74269 ай бұрын

    Sir Please make an video on MS Excel for Tax Consultant or Tax Accountant.

  • @meet.prajapati1999
    @meet.prajapati19999 ай бұрын

    Sir, please make a video for a detailed Excel program.

  • @user-lp9fg1nr3g
    @user-lp9fg1nr3g5 ай бұрын

    please make a detailed video on excell

  • @mehtabshaikh7454
    @mehtabshaikh74549 ай бұрын

    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

    Ай бұрын

    Same doubt

  • @vartikasukhwani742
    @vartikasukhwani7429 ай бұрын

    Sir, please make a video on excel function and its shortcut so we can learn and make command

  • @vinodkumarprajapati5221
    @vinodkumarprajapati52213 ай бұрын

    Sir Excel par full detail video bana do bhaiya GST and tax use

  • @arpitraj4546
    @arpitraj45462 ай бұрын

    Tally Mai backup & restore aur ek company Mai _ four log kasi kaam kargaya

  • @rajeshgupta2218
    @rajeshgupta22189 ай бұрын

    Thanku Sir

  • @sunilkumarprajapati1262
    @sunilkumarprajapati12624 ай бұрын

    Sir isme debit or credit bhi merge kar sake hai kya

  • @dineshchauhan5871
    @dineshchauhan58719 ай бұрын

    Dear Respected Sir, 🙏🙏 Please make one video of Excel.

  • @user-iq3gl7hh1j
    @user-iq3gl7hh1j9 ай бұрын

    Sir, Please make a video on Excel for Accountant.

  • @rajutanwar5476
    @rajutanwar54762 ай бұрын

    Sir apne Merge karna nhi btaya B2B,CN,import kaise merge kiyas

  • @rahulsingh-ij7ur
    @rahulsingh-ij7ur9 ай бұрын

    Same direct 2b ko download krne se or aap jaise btaya usse download krne se kya difference hoga?

  • @RajeshSharma-zh9wt
    @RajeshSharma-zh9wt9 ай бұрын

    Excel ki pivot table sikha dijiye sir

  • @farheenahmed242
    @farheenahmed2429 ай бұрын

    Sir please make a video on excel for beginner to expert

  • @bhavnasolanki7954
    @bhavnasolanki79548 ай бұрын

    Sir, please make this reconciliation video of GSTR 3B for monthly party.

  • @Neeta12316
    @Neeta123168 ай бұрын

    Excel shortcuts for accountant point of view pls make video sir

  • @azimkhan5792
    @azimkhan57927 ай бұрын

    Please banaye sir excel complete video

  • @Shravan1231000
    @Shravan12310007 ай бұрын

    Sir credit note or amended invoices ka data kaise merge kare...amt negative le ya positive hi rakhe..??

  • @sanjaymukherjee6046
    @sanjaymukherjee60469 ай бұрын

    Sir please make an Ms Excel detailed video.... And sir also make some more videos on chatgpt

  • @amankeshari5433
    @amankeshari54339 ай бұрын

    Sir needed Video on Excel...

  • @abidmeer9753
    @abidmeer97539 ай бұрын

    Great.... ❤

  • @ashishsahu4041
    @ashishsahu40419 ай бұрын

    Sir Excel details Wali video bano

  • @BiplabBarman-hw3vy
    @BiplabBarman-hw3vy9 ай бұрын

    Sir, Please make a video on Excel

  • @vishalmittal7575
    @vishalmittal75758 ай бұрын

    Sir please make a video on excel for accountant

  • @rautgulshan
    @rautgulshan9 ай бұрын

    Sir GSTR1 Book ko kaise reconcil kre, aur kin kin chijo Ko trial Balance se match kre taki Hamara GSTR1 proper ready ho jaye

  • @hemantpandit1718
    @hemantpandit17184 ай бұрын

    Arey sir Fals formula use kar diya karo for matching

  • @suhana9898
    @suhana98989 ай бұрын

    Sir kindly make a video in Excel. Thank you

  • @ramsahu7298
    @ramsahu72988 ай бұрын

    Sir duties and taxes me jaakr hum data export kr skte hai kyu ki usme Sare expenses and purchase aa jata hai....

  • @RAJEEVKUMAR-xl1xp
    @RAJEEVKUMAR-xl1xp9 ай бұрын

    Hi Please make an advance excel video

  • @FinTaxPro

    @FinTaxPro

    9 ай бұрын

    Okay

  • @lalitkedia8140
    @lalitkedia81407 ай бұрын

    Sumif formula on GSTIN is more easy rather then pivot

  • @taxnetconsultancy674
    @taxnetconsultancy6749 ай бұрын

    please sir make a videos for advance excel function

  • @behappychildren1437
    @behappychildren14379 ай бұрын

    But sir, kuch ITC 2A mai show hoti hai but ham 3B mai bhee claim nhi krte hai woh kaise Match karenge

  • @imranisammy2342
    @imranisammy23429 ай бұрын

    Sir please make a Excel details video for accountant

  • @girishkumar3358
    @girishkumar33588 ай бұрын

    Sir plz make the video on excel for excel working

  • @sunilkumar-sx9ls
    @sunilkumar-sx9lsАй бұрын

    Hlo sir excel video for accountant use

  • @rahulsingh-ij7ur
    @rahulsingh-ij7ur9 ай бұрын

    Tally me ledger wise q, jay?? Tally Gst 3b summary me pura 1year ka nikl skte hai.

  • @varsha2016
    @varsha20167 ай бұрын

    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,??

  • @pradeepshende9416
    @pradeepshende94169 ай бұрын

    Sir if we can't avail itc after oct then can supplier show his sale? He also not liable to show his sale. Correct

  • @Scalpdaytrader
    @Scalpdaytrader9 ай бұрын

    Sir Excel detailed video benaiye 🙏

  • @FinTaxPro

    @FinTaxPro

    9 ай бұрын

    Ok sure

  • @sachinsaini481
    @sachinsaini4813 ай бұрын

    👌

  • @imtiyazsheikh6597
    @imtiyazsheikh65979 ай бұрын

    Sir Pivot table se hi reco kar sakte hai

  • @sujitkumarmishra8021
    @sujitkumarmishra80218 ай бұрын

    Sir excel pr v ek video bna do please

  • @shivam-gupta2004
    @shivam-gupta20049 ай бұрын

    Sir excel par ek detailed video bhi bana do

  • @goutamdey4183
    @goutamdey41839 ай бұрын

    Plz sir 1video for Excel

  • @nileshgujar07
    @nileshgujar079 ай бұрын

    Video on excel in detail sir

  • @deepakkumarsahu7101
    @deepakkumarsahu71017 ай бұрын

    Sir Excel me ek video banaye sir plz

  • @sandeepkumar-jh1vy
    @sandeepkumar-jh1vy9 ай бұрын

    Sir excel detail video leke aaiye sbki demand hai

  • @ssr1111
    @ssr11119 ай бұрын

    Sir pls add subtitles

  • @SunilY03.
    @SunilY03.8 ай бұрын

    Sir please detailed guide video on excel chahiye

  • @mansukhdugar2519
    @mansukhdugar25199 ай бұрын

    Yarly Itc available in Table 8a in gstr9

  • @swapnilpachpande1176
    @swapnilpachpande11769 ай бұрын

    Sir Excel ke upar ek Detailed video banaye Sir

  • @ranosonharidwar1994
    @ranosonharidwar19945 ай бұрын

    Sir plz make Excel sheet

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