乐鱼(Leyu)体育官网

      Challenges of tax/finance function

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      • Large volume of around 50,000+ airline invoices required to be processed from a GST input tax credit claim perspective
      • Non-availability of standard purchase register containing GST for such travel/flight expenses for 2B based reconciled ITC claim
      • Manual collation and spreadsheet based GST data created from airline invoice copies manually
      • Tedious, time and resource consuming process with probability of manual data entry errors while collation
      • Flight Expenses/Airline Invoices GST input credit was taken basis only GSTR-2B data

      How our tech enabled managed services addressed the challenges?

      • RPA (Robotic Process Automation) technology implemented to prepare GST relevant purchase register from 30+ different airline invoice pdf copies
      • Airline Invoices accessed via email/ file transfers in batches are auto-extracted and RPA applied thereon reducing manual intervention
      • Optical Character Recognition (OCR) technology applied for creation of purchase register in reduced time with GST input tax credit relevant details (more than 1,000 processed in less than ten minutes)
      • Output digital register customised for direct use in carrying out GSTR-2B reconciliation on GST compliance platform
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      • Automation enabled elimination of manual, time-consuming and cumbersome repetitive activities of creating GST ITC claim register for Airline Expenses
      • Automated digital register was now made available for business to claim GST input credit and that too after reconciliation with GSTR-2B
      • Automation allowed the company to free up business time/resources and focus on other strategic areas.

      Key Contacts

      Sunil Badala

      Partner, National Head of Tax

      乐鱼(Leyu)体育官网 in India

      Ajay Mehra

      Non-Executive Chairman

      乐鱼(Leyu)体育官网 in India

      Rahul Kashikar

      Partner, Head - Tax Technology and Transformation I Partner - Corporate International Tax

      乐鱼(Leyu)体育官网 in India

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