[003] GLOSSARY
GST reconciliation
The process of comparing books-side GST records with portal-side data to identify matches and exceptions.
29 May 2026
Definition
GST reconciliation is the process of comparing books-side GST records with portal-side data to identify matches and exceptions.
Why it matters
It prevents filing decisions from being made on incomplete or conflicting data and gives the reviewer a controlled exception queue.
Example
A team compares invoice number, GSTIN, taxable value, and tax components before approving the ITC position.
Common mistake
Some teams reduce reconciliation to a total-value check. That misses invoice-level and tax-component-level differences.
Related terms
- GSTR-2B
- Purchase register
- Exception queue
- Review sign-off