GST Compliance Without the Spreadsheets
Upload GSTR-2B and purchase registers, reconcile mismatches automatically, and research ITC eligibility, reverse charge provisions, and HSN classifications. All backed by the CGST/SGST Acts and relevant notifications.
The Problem
Manual Excel reconciliation between GSTR-2B and purchase registers takes hours for even a mid-sized business. Mismatches in invoice numbers, GSTIN formatting, and date discrepancies go undetected until a notice arrives. Meanwhile, ITC eligibility under Section 16 keeps evolving with every GST Council meeting. Blocked credits under Rule 36(4), the 180-day payment condition, and reverse charge applicability under Section 9(3) require constant vigilance.
How TaxMarg Helps
Automated GSTR-2B Reconciliation
Upload your GSTR-2B and purchase register. TaxMarg matches invoices using GSTIN, invoice number normalization, and date tolerance, flagging mismatches, missing invoices, and ITC differences above the tolerance threshold. No more VLOOKUP nightmares.
ITC Eligibility & Blocked Credits
Instantly check whether ITC is available for a specific expense category. Get answers grounded in Section 17(5) blocked credits, the Rule 42/43 proportional reversal formulas, and the latest CBIC clarifications on motor vehicles, food, and personal expenses.
Rate Lookup & Reverse Charge
Search GST rates by HSN/SAC code with the exact notification reference. Check reverse charge applicability under Section 9(3) and 9(4), including the list of specified services (GTA, legal, sponsorship) and the latest threshold amendments.