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Finance
Businesses Advised to Reconcile ITC Before Filing Returns
Jul 17, 2026 · By Finance Desk
Businesses should reconcile Input Tax Credit before filing GST returns to avoid notices.
Experts recommend timely reconciliation
Dated: July 18, 2026
Tax professionals are advising businesses to complete Input Tax Credit reconciliation before filing GST returns to minimize mismatches and future departmental notices.
Best Practices
- Verify supplier filings.
- Reconcile purchase registers.
- Maintain supporting documents.
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