The 1st financial year with GST has ended on 31st March, 2018 and in these 9 months most of the dealers have not filed proper GST returns.
Many dealers have either over/under reported tax liability or input tax credit due to which the balances as per books of accounts will not reconcile with that of GSTN.
To arrive to the balances as per books of accounts, we have prepared an utility wherein you need to key in the outward supply, ITC and other figures as per the books of accounts and you will automatically get the closing balances as per books of accounts so that the same can be verified while closing the books of accounts and also at the time of audit.
The utility also gives various other important information.
Kindly download the utility from the below link:
We recommend you to open this utility in PC rather than smartphone for better use.
Kindly go through it and use it.
Revert back with your feedback
CA. Ritesh Mehta, CA. Dhananjay Gokhale, NAGPUR
Do you think CBDT should extend Tax Audit Report and relevant ITR Due Date? Please Comment, Vote, Retweet and Like.— Tax Guru (@taxguru_in) September 18, 2018