Input tax credit is real money. If your purchase records do not match what suppliers report, that money can get stuck.
GSTR-2B is the auto-generated statement of input tax credit available to you, based on what your suppliers file. In general, credit should be claimed only when it appears there. That makes matching your books with GSTR-2B a monthly must-do.
Where mismatches come from
Most mismatches are ordinary: a supplier files late, enters a wrong GSTIN or invoice number, or a bill is booked in your accounts in the wrong month. Found early, these are easy to fix. Found on filing day, they cost time and credit.
Reconcile every month, not every quarter. Small gaps grow quietly.
A simple monthly routine
Make reconciliation a habit with a fixed checklist your accountant can follow every month.
- Download GSTR-2B as soon as it is available
- Match it with your purchase register by GSTIN and invoice
- List missing, extra and mismatched invoices
- Follow up with suppliers before you file
- Track credit at risk until it is resolved
Let software do the matching
Matching hundreds of invoices by hand is slow and error-prone. AiHisab GST Intelligence reconciles 2B automatically and flags credit at risk, so your team only handles the exceptions. Please verify results with your tax adviser for your specific case.
I look forward to seeing how these developments will improve service levels and customer satisfaction in the freight industry!