Reconciliation means matching data of ITC claimed in GSTR-3B by buyer with ITC reflected in GSTR-2A from invoices uploaded by seller in GSTR-1.


GSTR-2A Reconciliation with GSTR-3B is important for following reasons:



  1. GST Department may issue notice for mismatch of ITC in GSTR-3B and GSTR-2A

  2. To detect and rectify error of seller in GSTR-1 and error of buyer in GSTR-3B

  3. To ensure that buyer has claimed ITC of all purchase invoices or has not claimed ITC more than once

  4. To ensure that wrong input tax credit is not claimed by buyer on basis of fake invoice


Read more - GSTR-2A Reconciliation : Process, Mismatch, Action