GST reconciliation is a process of comparing two sets of data entries, mainly details to be submitted on GST portal with acutal sale and purchases shown in books of account to detect and correct errors.
It is generally conducted to rectify unintentional errors or omissions and ensures accurate claiming of input tax credit (ITC) for invoices issued in the previous financial year. In order to avoid discrepency in filing returns and claiming 100% ITC it is important that your GST invoicing details are in sync with your book’s purchase and sales

Importance of GST Reconciliation
• ITC Claim: The most primary reason for GST reconciliation is to calim 100% accurate ITC and you can only claim accurate ITC by sorting out any differences between your purchase register and GSTR 2A.
• Prevention From Notices and Penalties: Mismatches in your bills can cause you to throw your case into question and risk having to pay fines and reply to notices.