Bengaluru fashion brand recovers ₹4.2L in ITC claims with automated GSTR-2B matching
Automated GSTR-2A/2B reconciliation against purchase ledger surfaced ₹4.2L in missed ITC credits the team hadn't claimed across three quarters.
ITC recovered (3 quarters)
₹4.2L
Purchase invoices reconciled / month
1,200+
Reconciliation time (monthly)
1 hr
Before HelloBooks
The 12-person team sold across Amazon, Myntra, and their own D2C site. Purchase invoices from 90+ fabric and packaging suppliers were entered into accounting software monthly, but no one was systematically checking them against GSTR-2A. The CA discovered during a routine GST audit that three quarters of ITC had been under-claimed — some suppliers hadn't filed on time, and the entries had simply been missed.
After HelloBooks
HelloBooks pulls GSTR-2A and GSTR-2B data nightly via the Quicko GSP integration. The reconciliation view shows every purchase invoice alongside the GSTN-reported equivalent, colour-coded by match status. Missing ITC claims are flagged automatically. The team now catches filing gaps in real time and chases suppliers before the quarterly deadline.
Fashion e-commerce in India runs on thin margins and high purchase-invoice volume. With fabric from Surat, packaging from Delhi, and logistics from 15+ states, the Bengaluru brand was processing over 1,200 inbound invoices monthly across its four entities. The ITC problem began quietly. A few suppliers — smaller fabric mills — were late filers on GSTN. Their invoices appeared in the purchase register, but because no one was systematically comparing the internal ledger against GSTR-2A, the mismatch went unnoticed. ITC was claimed only on what the CA could see in the portal; the unclaimed balance accumulated quarter by quarter. The audit finding was a wake-up call. Three quarters of under-claimed ITC, totalling ₹4.2L, had to be claimed in an amended return — a time-consuming correction that could have been avoided with real-time monitoring. HelloBooks wired directly to the Quicko GSP integration. Now, every night, the system fetches the latest GSTR-2A and 2B data for all four GSTINs and compares it, line by line, against the purchase ledger. Matched invoices are green. Invoices in the books but not yet on the portal (supplier not yet filed) are amber. Invoices on the portal but not in the books (data-entry gaps) are flagged red. The operations manager reviews the amber list each week and follows up with late-filing suppliers before the quarterly lock date. The red list goes to the finance team for data-entry correction. ITC claims are now complete and timely across all GSTINs.
“We didn't realise how much we were leaving on the table until HelloBooks showed us the gap in real time.”
Integrations used
- Quicko GSP
- Razorpay
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