RPA for GST Input Credit: dMACQ Launches GST Analytics Package Streamlining Compliance with Automated GST Solutions

With the introduction of the Goods and Services Tax (GST) in India, businesses now face complex compliance requirements needing to track GST on all goods and services. Managing invoices, input credits and tax filings has become a time-consuming process especially for large organizations. dMACQ Software’s Document Management Solution (DMS) combined with its Robotic Process Automation (RPA) tools offers a smarter way to handle GST input credit claims and simplify compliance efforts through automation.

The Challenge of GST Compliance for Businesses

Businesses must pay GST on all their purchases—raw materials, travel, rent and office supplies. They must also collect GST from their customers and pay it to the government via the GSTN portal. For large enterprises, hundreds or thousands of invoices accumulate daily, making it difficult to track GST amounts across multiple departments and ensure accurate filing.

Here’s how the GST process works:

• Companies pay GST on all purchases from vendors
• Vendors collect this GST and remit it to the government
• When companies sell goods or services, they charge and collect GST from customers which must also be remitted to the government

Businesses are allowed to claim GST input credit to reduce their tax liability. However, they must comply with strict guidelines:

• Purchase invoices must include accurate buyer and seller information including GST numbers and address details
• Vendors must file GST returns with complete transaction data
• Businesses need to consolidate all GST-related information and file it correctly during monthly returns to claim credits

Managing such a process manually is time-consuming and prone to errors especially when multiple departments are involved. This is where dMACQ’s GST Analytics Package (GAP) comes in to automate and streamline the process.

dMACQ GST Analytics Package (GAP): Automating Invoice Management

The GAP solution from dMACQ leverages RPA and data analytics to process invoices automatically. It extracts all GST-related information and consolidates it into neatly formatted Excel spreadsheets. With this tool, department heads—such as finance, procurement and audit teams—can access real-time data on GST paid and outstanding liabilities. The automation ensures accuracy and speeds up compliance tasks.

Key Features of dMACQ GAP for Document Management and GST Compliance:

• Automated Invoice Processing: Extracts essential GST details such as invoice numbers, HSN codes, CGST, SGST and IGST directly from invoices
• Centralized Tracking: Consolidates GST data across departments in a single repository for easy access
• Compliance-Friendly Reporting: Ensures data is formatted to meet GST filing requirements
• Platform-Neutral: Available on Windows, Mac and Linux and deployable as SaaS or on-premise
• Privacy Compliance: Adheres to privacy regulations including GDPR by not storing data once processing is complete

Example of Automated GST Input Credit Tracking

Consider an invoice received by Connect Marketing (a business entity). Essential fields needed for GST compliance include the seller's details, invoice number, HSN code, GST amounts (CGST, SGST, IGST) and the total invoice value. dMACQ GAP processes these invoices and generates a line-by-line summary in Excel, as shown below:

With all the invoices processed automatically, Connect Marketing can now easily compute net GST payable and claim input credits. Similarly, vendors like ABC India Ltd. can use dMACQ GAP to manage their own input credits and tax filings efficiently.

Customized Bots for Industry-Specific GST Invoices

dMACQ has developed ready-made RPA bots for processing GST invoices from multiple sources including:

• Airline invoices from Air India, Indigo, SpiceJet, Emirates and others
• Digital advertising invoices from Google, Facebook and other platforms

Additionally, dMACQ offers custom RPA bots for clients who need specialized invoice extraction for specific documents or industries.

Why Choose dMACQ for GST Automation?

dMACQ Software specializes in Document Management Solutions (DMS) and RPA-based automation helping organizations streamline workflows and improve operational efficiency. With a focus on data privacy, platform neutrality and customization, dMACQ GAP ensures businesses meet their GST compliance obligations with ease.

About dMACQ Software Pvt. Ltd.

Founded in 2011, dMACQ Software provides end-to-end IT solutions including:

• Document Management Systems (DMS) for HR, legal, finance and project management
• Contract management systems and electronic workflow solutions
• Robotic Process Automation (RPA) tools for automating manual processes
• e-Datarooms for mergers and acquisitions

dMACQ software is platform-independent, browser-based and offers mobile app support. Its IT services division also provides data entry, digitization and auditing services across multiple industries.

Conclusion: Automate GST Compliance with dMACQ GAP

As businesses grow, managing GST compliance becomes more complex and time-consuming. dMACQ’s GST Analytics Package streamlines the entire process—from extracting GST data to generating detailed reports—allowing organizations to focus on their core activities while ensuring compliance with government regulations. With custom RPA bots, privacy-compliant features and seamless integration with existing systems, dMACQ helps businesses stay ahead in an increasingly automated world.

To learn more about dMACQ’s Document Management Software and GST automation solutions, visitwww.dmacq.com or email us atinfo@dmacq.com