2B ITC reconciliation

CRR RR (24 Points)

11 January 2025  

Hi Sir/ Madam 

Suppose 10 Invoices are accounted in books on which ITC is eligible. On 10 Invoices is ITC 40,000

However only 8 invoices are appeared in 2B. On 8 Invoices ITC is 35000

In that case there will be mismatch in ITC reconciliation  between books and GSTR 2B (5,000)

How to handle this difference in month end/year end closing in books

Please advise

Thanks