Control GST, reconciliation, invoicing, payroll, and finance execution from one workspace.

GST filing controls

Prepare and review GSTR-1, GSTR-3B, annual return workflows, and filing checkpoints with stronger visibility.

ITC and bank reconciliation

Connect invoices, purchases, payments, and bank activity so month-end reviews do not depend on scattered spreadsheets.

Enterprise rollout readiness

Support multi-team workflows, approval controls, payroll operations, and implementation planning for Indian businesses.

What is GST reconciliation?

GST reconciliation in India is the process of matching Input Tax Credit (ITC) claimed in GSTR-3B against the ITC available in GSTR-2B. Every rupee of ITC you claim must be supported by a matching entry in your supplier's GSTR-1, which flows into your GSTR-2B. Reconciliation identifies three categories of credits: fully matched (safe to claim), partially matched (claim proportionally), and unmatched (blocked until the supplier files). The most common trigger for GST notices in India is claiming ITC that does not appear in GSTR-2B. Businesses with turnover above Rs 5 crore must reconcile monthly. Below Rs 5 crore under the QRMP scheme, reconciliation is quarterly. Aitaxo automates this reconciliation by downloading GSTR-2B data and matching it against your purchase ledger, generating a mismatch report before you file GSTR-3B.

What is Input Tax Credit (ITC) and how do you claim it?

Input Tax Credit (ITC) is the GST paid on your purchases that you can deduct from the GST collected on your sales. To claim ITC in India, the credit must appear in your GSTR-2B (auto-populated from your supplier's GSTR-1), the goods or services must be received, the invoice must be genuine, and the supplier must have filed their return. ITC is blocked under Section 17(5) of the CGST Act for passenger vehicles, food and beverages, club memberships, and construction for personal use. The 180-day rule requires you to reverse ITC if you have not paid your supplier within 180 days of the invoice date, plus interest at 24 per cent per annum. ITC claims not appearing in GSTR-2B are disallowed by the GST portal and trigger scrutiny notices. Aitaxo reconciles your purchase ledger against GSTR-2B to flag ineligible credits before you file.

Free bank statement analysis tool

Aitaxo's free bank statement analysis tool lets you upload one month of your bank CSV and get an instant financial breakdown without creating an account. The tool categorises transactions into credits (money received) and debits (money spent), calculates net cash flow, identifies your top five spending categories, and shows the statement period covered. It works with CSV exports from SBI, HDFC, ICICI, Axis Bank, Kotak, Yes Bank, IndusInd, and PNB. The analysis runs entirely in your browser — no data is uploaded or stored on any server. After viewing your free summary, you can sign up to unlock AI-powered transaction classification, GST expense identification, automatic posting to your books, and P&L generation from bank data. The free tool is available at aitaxo.com/free-analysis.