GST-ITC-RECONmediumCBIC (GST)
GST-ITC-RECON — GSTR-2B Input Tax Credit Reconciliation
Reconcile purchase register against auto-drafted GSTR-2B before filing GSTR-3B, and follow up with defaulting suppliers.
- Due
- 18th of the following month
- Frequency
- Monthly
- If it lapses
- Interest at 18% p.a. on input tax credit reversed
- Statutory reference
- S.16(2)(aa), CGST Act 2017
Who has to file it
Every one of these has to hold before GST-ITC-RECON binds an entity:
- GST registered
- Regular (monthly) GST scheme
- Usually owned by:
- Accountant
- Typical effort:
- 4 hours
Common questions
- When is GST-ITC-RECON due?
- 18th of the following month. It falls due every month.
- Who has to file GST-ITC-RECON?
- It applies to GST registered and Regular (monthly) GST scheme.
- What is the penalty for filing GST-ITC-RECON late?
- Interest at 18% p.a. on input tax credit reversed
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.