GST Reversal Risk Mitigation for Input Tax Credit (ITC)
ddress the severe challenge of tracking vendor GSTR3B status and minimize mandatory reversals with interest as per rule 37(A) provisions
The cost of non-compliance is no longer just penalties — it's the reversal of your hard-earned ITC.
With the introduction of Rule 37A and stricter enforcement of Rule 42/43, enterprises must proactively monitor vendor behavior to avoid mandatory ITC reversals and interest liabilities.
Intelligent Risk Management. Three specialized modules.
Statutory Reporting
Report tax liability & input tax credit being availed under GSTR3B Returns with full accuracy.
GSTR2B Dependency
Derive input tax credit based on vendor filing status, ensuring compliance with current month mandates.
Budget 2022-23 Provisions
Address the mandate where ITC availed earlier must be reversed with interest if vendors fail payment liability.
Reversal Risk Mitigation
Innovative application specifically designed to help the business community address the challenge of tracking GSTR3B status.
Notification Compliance
Stay ahead of CBIC release schedules and GST notification changes automatically.
Automated Tracking
Eliminate the severe challenge of manually following up on vendor payment status.
Predictive GST Reversal Mitigation Inside SAP.
Predictive intelligence built into your workflow.
SAP Integration
Seamless live data fetch from SAP ERP or S/4HANA via OData services.
Risk Identification
Identify restricted credit risk and reversals as on date for earlier months.
Drill-down Analysis
Analyze from business place level down to individual vendor transactions.
Stakeholder Action
Insightful reporting for CXOs, Tax Managers, and Business Teams.
ITC Optimization
Maximize input tax credit and minimize stretch on working capital.
Compliance Risk Questions?
Understand how AI helps in predicting and preventing GST reversals.
Eliminate the Risk of ITC Reversals.
Book a demo today and see how our AI models can protect your Input Tax Credit from unexpected reversals.