GST Compliance and Vouching Verification: An Exploratory Case Study at Bagdia & Company, Chartered Accountants, Nagpur

Author

Sharad Prayagdas Dammani,Prof. Mahesh Pol.


Abstract

 Since Section 16(2) (aa) of the CGST Act, 2017 took effect, a recipient’s Input Tax Credit (ITC) has depended on supplier-reported data in GSTR-2B, making reconciliation of books with portal statements a core task of GST compliance practice. Small Chartered Accountancy (CA) firms usually perform this reconciliation alongside vouching, yet the two are rarely analyzed as one sequenced control. This exploratory study documents the GST reconciliation and vouching workflows followed during an eight-week on-the-job training at one Nagpur CA firm, examines how the two procedures complement each other, identifies procedural challenges and proposes improvements. A descriptive, practice-based single-case design is used, drawing on supervised participation, working-paper templates and a learning diary; client data were anonymized and the source report’s numerical tables are illustrative, used only to demonstrate method. The documented workflow comprises three-way outward reconciliation (sales register, GSTR-1, GSTR-3B), ITC reconciliation (purchase register and GSTR-2B) and checklist-based vouching of GST treatment. Reported exceptions were mainly supplier-side timing differences and procedural documentation lapses, observations that are qualitative and unquantified. The paper offers a conceptual framework, four testable propositions and practical recommendations: standardized working papers, an exception tracker and a reconciliation-first review sequence. Its contribution is an evidence-graded account of integrated compliance and verification practice in a small CA firm, not a statistically validated model.



Keywords

GST compliance; Input Tax Credit; GSTR-2B reconciliation; vouching; audit documentation; chartered accountancy practice; exploratory case study



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References


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