VATupdate

Invoice Matching Under GST

Invoice matching is a concept wherein all the taxable supplies obtained by a purchaser and provided by a seller are reconciled. The Government, through this concept, looks to guarantee the accurate exchange of Input Tax Credit (ITC) between the states and the parties involved in the transaction. So, in this article, we will decide the concept of invoice matching under GST and its significance.

Source: mastersindia.co

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