Tax Compliance
Tax Compliance is where you check that your own purchase records agree with what your suppliers actually reported to the GST portal. You bring in the government's GSTR-2B for a month, and Bizconnekt lines it up against the bills you've recorded — invoice by invoice — so you can see at a glance which ones match, which don't, and which are missing on one side. Get this right and you claim exactly the input tax credit you're entitled to, no more and no less.
This page explains the idea in plain terms. The step-by-step guide to reconciling is linked at the bottom.
Availability depends on your plan and your role. GSTR-2B reconciliation is specific to businesses registered for GST in India.
What GST reconciliation actually is
Every month, your suppliers file their sales with the GST department. From those filings, the government prepares a statement for you called GSTR-2B — a list of every purchase invoice your suppliers said they raised on you, with the tax on each.
Separately, you've been recording your own purchase bills in Bizconnekt as they came in.
Reconciliation is simply comparing the two lists. Your bills on one side, the government's GSTR-2B on the other. Where an invoice appears the same on both, everything is in order. Where they disagree — or an invoice is on one list but not the other — you have something to look into.
Why it matters: you can only claim input tax credit (the GST you paid on purchases, set against the GST you owe on sales) for invoices that appear in your GSTR-2B. A bill you recorded but that never reached your 2B is credit you cannot safely claim yet. An invoice in your 2B that you never recorded is a bill you may have missed. Reconciliation finds both.
How the comparison works
You bring your GSTR-2B for a return month into Bizconnekt — one month at a time, such as May 2026. Bizconnekt then tries to pair each invoice in that statement with a bill you've already recorded, matching them up on three things:
- the supplier's GSTIN (which supplier it is),
- the invoice number, and
- the invoice value (the total, tax included).
When those agree, the two are paired automatically. When they don't quite agree, Bizconnekt still shows you the near-miss so you can judge it yourself. Nothing is changed in your books by this — reconciliation only compares and reports. You stay in control of what to do about each result.
The match states, in plain words
Every invoice ends up in one of these situations. This is the heart of the screen.
| State | What it means | What to do |
|---|---|---|
| Matched | The invoice is on both lists and the details agree. Your bill lines up with what your supplier reported. | Nothing — this is the goal. You can safely claim the credit. |
| Mismatch | The same invoice from the same supplier is on both sides, but the value is different — say your bill reads ₹47,200 and the 2B reads ₹47,000. | Find out which is right. Correct your own bill, or ask the supplier to fix their filing. |
| In your 2B, not in your bills | Your supplier reported an invoice to GST, but you have no matching bill recorded. | Record the missing bill if the purchase is genuine — or query it with the supplier if it isn't yours. |
| In your bills, not in your 2B | You recorded a bill, but nothing in your 2B corresponds to it — the supplier hasn't filed it yet, or filed it wrong. | Follow up with the supplier to file (or correct) it, so the credit becomes claimable. |
| Set aside | A line you've deliberately chosen to park — for example a duplicate, or something you'll deal with next month. | Nothing now; revisit when you're ready. You note why you set it aside. |
A single month typically comes out overwhelmingly matched, with a small handful that need attention. That handful is the whole point of the exercise.
A real month, start to finish
Say it's the May return. You bring in your GSTR-2B and Bizconnekt pairs it against your recorded bills.
- 95% match cleanly — same supplier, same invoice number, same value. You can claim that credit with confidence.
- Three don't. One is a mismatch (your bill says ₹47,200, the 2B says ₹47,000 — someone keyed a figure wrong). One is in your 2B but you never recorded the bill (a purchase that slipped through). One is a bill you recorded but the supplier hasn't filed, so it isn't in your 2B yet.
You now know exactly which three, and exactly who to chase. You correct the mispriced bill, record the one you missed, and email the supplier who hasn't filed. Next month, those clear — and your claimed credit matches your entitlement to the rupee.
Without reconciliation, those three hide inside a claim that looks fine until a notice arrives. With it, you caught them in ten minutes.
What you can and can't do here
Tax Compliance is a review-and-reconcile screen, not a place where books are posted. It reads your existing bills and the GSTR-2B you provide, and reports how they line up. Correcting a bill happens in Bills; the credit you're entitled to is summarised in your tax reports. This screen's job is to point you at exactly what to fix.
Related guides
- How to reconcile GSTR-2B — the step-by-step: bring in your 2B, read the match states, and work through the mismatches
- Bills — your recorded purchase records, the "your side" of the comparison
- Invoicing — your sales records, the other half of your GST picture
- Tax Reports — where your input tax credit and GST summary come together
Need help? Contact support at support@bizconnekt.com