Input Tax Credit(ITC) reconciliation is one of the most important but time-consuming and error-prone processes for finance teams in India. As per section 16 of CGST Act, 2017 ITC can only be availed only under specific conditions prescribed, such as valid tax invoice, receipts of goods or services, and tax being paid to the government. Further in case of mismatches between supplier in... https://sepfust.com/blogs/auto-itc-reconciliation-in-sap-gst-automation
Auto itc in sap
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