How do I reconcile my GST returns with the GST portal?

GST reconciliation involves matching your purchase and sales records with GSTR-2B and other returns available on the GST portal. Using Taxilla’s GST reconciliation software, this process becomes automatic, ensuring accurate input tax credit (ITC) claims and error-free GST return filing.

What is IMS (Invoice Matching System) in GST?

The Invoice Matching System (IMS) compares your purchase data with supplier-uploaded invoices on the GSTN. Taxilla’s IMS-integrated GST software helps you track mismatches and auto-match eligible credits from GSTR-2B with your purchase register.

What is an Input Service Distributor (ISD), and how can Taxilla help?

An ISD allocates input tax credit across branches. Taxilla simplifies ISD compliance and GSTR-6 filing by auto-capturing, validating, and distributing ITC accurately, making multi-location GST management easy.

What is Input Tax Credit (ITC), and how can I claim it?

ITC is the tax you can claim back on business purchases. With Taxilla’s GST compliance software, your GSTR-2B is reconciled automatically to identify eligible ITC, and mismatches are flagged instantly for resolution.

How do I handle GST on GST (tax on tax)?

GST on GST is not applicable under current regulations. Taxilla ensures all invoices are validated per GST norms and prevents incorrect tax duplication through built-in compliance checks.

How do I handle GST on services (services GST)?

GST on services follows a distinct SAC (Service Accounting Code). Taxilla ensures accurate classification, rate application, and compliance for service-based businesses through intelligent invoice processing.

How can I ensure my invoices are GST-compliant?

Every invoice must follow GSTN guidelines, include mandatory fields, and be reported under the correct GSTIN. Taxilla’s GST software validates invoices automatically, reducing the risk of errors during GST return filing.

Can I claim ITC on capital goods?

Yes, ITC on capital goods is allowed if used for business purposes and the invoice is matched in GSTR-2B. Taxilla flags such invoices, ensuring you don’t miss out on high-value credit.

How do I handle GST reconciliation for multiple branches?

Taxilla enables centralized or branch-wise reconciliation based on your business model. It supports multi-GSTIN setups, ensuring ITC and filing compliance across all business locations.

What is e-GST, and how does it relate to GST filing?

e-GST is an umbrella term for digital GST processes like e-invoicing and online return filing. Taxilla brings all e-GST services under one platform—GSTR-1, GSTR-3B, GSTR-9, and more—making compliance simpler and faster.

How do I handle GST return login issues?

Login issues often occur due to incorrect credentials or OTP delays. With Taxilla’s platform, you can track filing status and receive alerts without needing frequent GST portal logins.