ITC Reconciliation & Section 16(4) Protection
Never lose eligible Input Tax Credit to missed deadlines or vendor non-filing. Complytics reconciles ITC across GSTR-2B and your purchase books, alerts you before Section 16(4) cutoffs, and flags ineligible credits before you file.
ITC is revenue — reconciliation is risk management
Input Tax Credit directly reduces your GST liability. But ITC is only available when supplier invoices appear in GSTR-2B, amounts match your books, and statutory conditions — including the Section 16(4) time limit — are satisfied. Manual reconciliation often discovers problems after the filing deadline, when recovery options are limited.
What Complytics tracks for ITC
- Matched ITC ready for GSTR-3B Table 4 reporting
- Mismatched tax amounts between books and GSTR-2B
- Invoices in books but missing from the GST portal (vendor non-filing)
- Ineligible ITC under current GST rules and circulars
- IMS pending items requiring supplier action on the portal
- Section 16(4) deadline alerts before ITC lapses
From reconciliation to filing-ready exports
Export GSTR-3B Table 4 breakdowns, executive reconciliation summaries, and vendor-wise mismatch reports in Excel, CSV, or PDF. Every export is logged in your audit trail with timestamp and user attribution — ready for department scrutiny or client sign-off.
Related resources
- GSTR-2B reconciliation software
- Understanding Section 16(4) ITC deadlines
- Rule 37 ITC reversal: the 180-day payment rule
- GSTR-3B Table 4 ITC from GSTR-2B reconciliation
- IMS and GSTR-2B compliance guide