Input Tax Credit Checker
RazorpayX automatically checks if your vendors have filed their GST, identify discrepancies in the filing and control your vendor payouts to recover previously lost credit dues.
Enabling GST Input Credit allows RazorpayX to use GSTR-2A data and check if your vendors have reported GST correctly and reports if there are discrepancies. This helps you optimise your GST input claim.
Watch Out!
This feature is available only for GST registered businesses. If you want to update your GSTIN on RazorpayX,
.To set up the GST Input Credit integration:
- Log in to the .
- Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
- Find GST Input Credit and click Get Started.
- Log in to your .
- Select the I have completed above steps checkbox and click Next.
- Your GSTIN is displayed. Enter the GSTIN portal Username and click Generate OTP.
- Enter the OTP sent to your registered mobile number on the GSTIN portal and click Next.
As soon as you setup the GST credit checker, the data syncs for the current financial year. Post set up, the data syncs every 24 hours. You can also
the data. The integration lasts for 30 days at once. After 30 days, you must for the system to access your GSTR-2A data.Handy Tips
You will receive an email and a dashboard notification when re-authentication is required. You can directly re-authenticate from the banner or email, or you can follow the steps given below.
To re-authenticate the GST Input Credit integration:
- Log in to the .
- Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
- Find GST Input Credit and click Re-authenticate.
- Enter the GSTIN portal Username and click Generate OTP.
- Enter the OTP sent to your registered mobile number on the GSTIN portal and click Next.
Your re-authentication is successful.
You can view whether the vendor has reported GST for the respective invoice on the
→ Vendor Payments → Invoices. The GSTR-2A coloumn displays the status.![GST status on RazorpayX dashboard](build/browser/assets/images/x-vp-gst-status.jpg)
To view more information, select the required invoice. The relevant information is available in the right-pane.
To refresh the GSTR-2A data on RazorpayX Dashboard:
- Log in to the .
- Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
- Find GST Input Credit and click Refresh.
To disable the GST Input Credit integration:
- Log in to the .
- Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
- Find GST Input Credit and click Disable.
- In the pop-up, click Disable.
This integration is disabled.
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