What is the need for a Consolidated Year-to-Date Report?
In the technology-enabled GST Regime, the Government is already talking about applying data analytics to compare GSTR-1 Sales returns and GSTR-2A Purchase returns with data reported in GSTR-3B Returns. Also, the Government intends to compare Income Tax Returns (Direct Taxes) with GST Returns (Indirect Taxes).
It is useful for every tax payer to have a year-to-date summary of their various GST Returns and monitor them for inconsistencies and take corrective action sooner, rather than later.
Here are screen shots of the GSTR-1 and GSTR-3B consolidated reports.
GSTR-1 Consolidated Report
GSTR-3B Consolidated Report
How to Download Consolidated Year-to-Date reports using GSTZen?
The video below explains the various steps to Download Consolidated Year-to-Date reports using GSTZen
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