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.

Available in🇮🇳 India

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, contact support.

Set up GST Input Credit

To set up the GST Input Credit integration:

1. Log in to the RazorpayX Dashboard.
2. Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
3. Find GST Input Credit and click Get Started.
4. Log in to your GST portal.
   

GST Portal

After logging in to the GST portal, perform the following steps:

1. Click My Profile on the GST dashboard.
2. Navigate to Quick Links → Manage API Access.
3. Select Yes to Enable API Request.
4. Select 30 days from the Duration drop-down and click Confirm.

5. Select the I have completed above steps checkbox and click Next.
6. Your GSTIN is displayed. Enter the GSTIN portal Username and click Generate OTP.
7. 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 manually refresh the data. The integration lasts for 30 days at once. After 30 days, you must Re-authenticate for the system to access your GSTR-2A data.

Re-authenticate GST Input Credit

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:

1. Log in to the RazorpayX Dashboard.
2. Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
3. Find GST Input Credit and click Re-authenticate.
4. Enter the GSTIN portal Username and click Generate OTP.
5. Enter the OTP sent to your registered mobile number on the GSTIN portal and click Next.

Your re-authentication is successful.

GST Input Credit on Dashboard

You can view whether the vendor has reported GST for the respective invoice on the RazorpayX Dashboard → Vendor Payments → Invoices. The GSTR-2A coloumn displays the status.

To view more information, select the required invoice. The relevant information is available in the right-pane.

Refresh GSTR-2A Data

To refresh the GSTR-2A data on RazorpayX Dashboard:

1. Log in to the RazorpayX Dashboard.
2. Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
3. Find GST Input Credit and click Refresh.

Disable GST Input Credit

To disable the GST Input Credit integration:

1. Log in to the RazorpayX Dashboard.
2. Navigate to the profile icon at the top right and click My Accounts & Settings → Integrations.
3. Find GST Input Credit and click Disable.
4. In the pop-up, click Disable.

This integration is disabled.

Related Information

• Invoices