Input Tax Credit Matching Status module Karnataka VAT-Matching of Input credit with purchase bills
DearFriends As you aware that, as per Karnataka VAT Act, The first step in eUPaSS is uploading the invoice wise details. Now as a second Step under eUPaSS for data purification; Input Tax Credit Matching Status module has been deployed at dealer login: Path:Purchase Statement >Download >ITC Matching Status & unmatched invoices of your purchasers. With this path dealers can find out the reason for mismatch at TIN, Invoice Number,Invoice Date, Net Value and Tax charged between their purchase invoice with that of sellers details and the sales details mismatch with their purchaser invoice. After downloading the excel files and finding out the errors,dealers can rectify such errors at "Revision"option. The detailed instructions are given under CCT Circular No 23/2014-15 dated 27.03.2015 and User Manual for Input Tax Credit(ITC) matching status. Please go through the details and enlighten the dealers to correct the errors before June 2015.
Circular is attached circular-no.230001--Mtching-of-purchase-invoice-EuPASS.pdf