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Electronic credit ledger vs books of account

Others 651 views 1 replies
1. A company reverses ITC regarding March 2022 in August month GSTR-3B. This entry should be submitted in the month of March 2022 or in the month of August, if the entry is passed in the month of March, then the data of our book will do not match with the GST electronic credit ledger.

please confirm Right way to post entry in books
Thanks
Replies (1)
Need to be post in March 22 only.
Your books will not match with portal for fy 2021-22, so you need to prepare Reconciliation statements for the same. , moreover can also capture the same in Your Annual return also.


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