Cygnet.One announced its AI-powered GST Classification and Input Tax Credit (ITC) Eligibility Engine, a solution designed to validate and automate the processing of enterprise purchase invoices at scale.
Combining GST-aligned rule logic with artificial intelligence, the engine analyses invoice data, interprets transaction context and determines ITC eligibility at the invoice level, classifying each transaction under the appropriate GSTR-3B treatment with an explainable reasoning trail.
It automatically flags transactions involving reverse charge, imports and blocked credits, reducing manual reviews while building audit readiness into the process by design.
