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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[@anubhabdi]

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

[@learnwithvikku6427]

Sir, pls make a video on Excel for accountant.

[@WHOHAQ1975]

Sir please excel vedio

[@amanshrivastav7399]

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

[@Hickey-zb1pp]

​@@amanshrivastav7399 how ?

[@shwetaagarwal6382]

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

[@shaguftashaikh919]

amazing. thank you so much

[@SumeetPathare]

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

[@itsvinitsingh]

Thank you Sir ❤ bholenath ka ashirwad bana rahe aap pe

[@anirbanpatra6898]

Thank you so much Sir.

[@NitileshPednekar]

Good video , simple way

[@anirbanpatra6898]

Thank you so much Sir,

[@CA_Hardev_Jadeja1]

yes sir we want detailed video on excel basic functions

[@viralshorts8178]

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

[@abidmeer9753]

Great.... ❤

[@rajeshgupta2218]

Thanku Sir

[@SaifAli-ip3fq]

Thank you sir ❤

[@DAEBAK-z4m]

Sir you are great 🎉🎉🎉❤

[@swathivenugopal8325]

Nice method

[@Tally930]

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

[@pb0001x]

Apki sari videos ❤❤❤❤❤❤❤❤❤❤❤

[@nareshgohel1806]

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

[@biswajitadak6722]

Yes Sir please make a video on Excel

[@Rahul-tx8fo]

Yes make video on excel for account

[@tulasiramtripathy6446]

Very nice. Excel master class need

[@vickychourasia2032]

Yes sir please make excel video

[@SAHIL_.XX6]

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

[@FinTaxPro]

Sure I will

[@SanjayKumar-kz7dg]

Great Job 👍

[@FinTaxPro]

Thank you! Cheers!

[@SuperAndy1983]

Yes sir .....want detail excel video

[@user-od4qh4tx5e]

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

[@vikassrivastava2149]

Yes sir Excel pr bana dijiye sir all basic formula

[@pavanguggilam5273]

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

[@pradipchakraborty7892]

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

[@arpitabhatnagar1441]

Please make video on ineligible, partly eligible ITC, reversal

[@DM-YouTube]

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

[@meet.prajapati1999]

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

[@thebingefactory5881]

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]

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

[@GauravSharma-bt2fj]

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

[@amankeshari5433]

Sir needed Video on Excel...

[@Akhileshyadav-qi1uh]

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

[@raghuca5230]

Sir, please make a video on Excel.

[@dineshchauhan5871]

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

[@actkikuwa2832]

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

[@shivajichavan1751]

Sir please send this video again & again for learning staps

[@vartikasukhwani742]

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

[@pmsafee7426]

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

[@SurajKumar-io3wp]

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

[@rahulsingh-ij7ur]

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

[@visheshsinha1458]

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

[@ashutoshsharma2537]

Nice

[@FinTaxPro]

Thanks

[@Shravan1231000]

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

[@suhana9898]

Sir kindly make a video in Excel. Thank you

[@user-iq3gl7hh1j]

Sir, Please make a video on Excel for Accountant.

[@sanjaymukherjee6046]

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

[@pradeepshende9416]

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

[@dileepsharma3090]

Sir please make details videos on Excel

[@sachinsaini481]

👌

[@imranisammy2342]

Sir please make a Excel details video for accountant

[@gauravgarg9509]

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

[@farheenahmed242]

Sir please make a video on excel for beginner to expert

[@imtiyazsheikh6597]

Sir Pivot table se hi reco kar sakte hai

[@rahulsingh-ij7ur]

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

[@user-lp9fg1nr3g]

please make a detailed video on excell

[@taxnetconsultancy674]

please sir make a videos for advance excel function

[@BiplabBarman-hw3vy]

Sir, Please make a video on Excel

[@bhavnasolanki7954]

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

[@Neeta12316]

Excel shortcuts for accountant point of view pls make video sir

[@snehalpawar9154]

Sir pls make a video on excel for accountant

[@manishkeshorts0007]

You can export input cgst and igst ledgers

[@dewangananil4400]

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

[@sunilkumarprajapati1262]

Sir isme debit or credit bhi merge kar sake hai kya

[@behappychildren1437]

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

[@shivam-gupta2004]

Sir excel par ek detailed video bhi bana do

[@RajeshSharma-zh9wt]

Excel ki pivot table sikha dijiye sir

[@RakeshKumar-eq6ir]

T̤h̤a̤n̤k̤ y̤o̤ṳ s̤i̤r̤ 😍🇮🇳🥰🙏🏽

[@bittusinghrajput1413]

sir excel use for accountant

[@varsha2016]

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,??

[@goutamdey4183]

Plz sir 1video for Excel

[@mansukhdugar2519]

Yarly Itc available in Table 8a in gstr9

[@sandeepkumar-jh1vy]

Sir excel detail video leke aaiye sbki demand hai

[@nileshgujar07]

Video on excel in detail sir

[@Autojat]

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

[@rautgulshan]

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

[@swapnilpachpande1176]

Sir Excel ke upar ek Detailed video banaye Sir

[@ramsahu7298]

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

[@mehtabshaikh7454]

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]

Same doubt

[@sujitkumarmishra8021]

Sir excel pr v ek video bna do please

[@azimkhan5792]

Please banaye sir excel complete video

[@amichand3138]

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

[@girishkumar3358]

Sir plz make the video on excel for excel working

[@ashishsahu4041]

Sir Excel details Wali video bano

[@deepakkumarsahu7101]

Sir Excel me ek video banaye sir plz

[@user-xb4rn4sf1q]

Pls make excel video sir

[@fatemapresswala5023]

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

[@vinodkumarprajapati5221]

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

[@rinkusharma7093]

Pls make an Excel video

[@user-hp1hj2ob7p]

Sir plzzz exls pe video banaye Ap detail me plzzzz sir

[@ramgopalyadav3522]

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]

Pata hai

[@Rahul-tx8fo]

You are correct

[@taxguru5872]

Sir Excel pe vedio bnao

[@arpitraj4546]

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

[@hemantpandit1718]

Arey sir Fals formula use kar diya karo for matching

[@lalitkedia8140]

Sumif formula on GSTIN is more easy rather then pivot

[@SunilY03.]

Sir please detailed guide video on excel chahiye

[@rajendral.1553]

How to download it