Understanding GST Reconciliation: Overview

You can view the GST Reconciliation Return Filing Tracker, compare Eligible ITC vs. Claimed ITC, and review the overall reconciliation status using Suvit’s GST Reconciliation feature with Tally data reports.


Return Filing Tracker:

This tracker allows you to monitor the monthly filing status for GST returns, specifically for GSTR-1 and GSTR-3B. The status is color-coded as follows:

  1. Green: Filing is completed. Hover over the green indicator to view additional details, including:

    • ARN (Acknowledgment Reference Number)
    • Date of Filing
    • Amendment Date
    • Original Filing Date
  2. Orange: Filing is late.

  3. Gray: Filing is pending.

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Eligible ITC vs Claimed ITC

-This graph shows the eligible Input Tax Credit (ITC) versus the ITC you’ve claimed each month. It helps you spot any differences and make sure your claims match the eligible ITC.

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This comparison ensures your claimed ITC aligns with the eligible ITC, helping you avoid over-claiming and stay compliant with GST rules. If there's a mismatch, investigate and correct it.

1. Reconciliation Status :

1.Reconciled: This status indicates that the reconciliation process has been completed successfully for the given year.

2.Processing: This status means that the reconciliation data for the year is currently being processed.

3.Pending: This status shows that the reconciliation data is still pending on the GST portal.

2.Announcements:

Inform users of significant upgrades, changes, or new features.

**Note** sync-"Click this button to sync and fetch your data from the GST portal."or"To fetch your Tally data, 
click on 'Sync Voucher'."

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