GST charged on airfare related to official/ business travels can be claimed as an input tax credit. However, to avail the ITC, GST compliant invoices have to be uploaded during the return filing time.
Yet, several times, the employees/ executives/ business owners forget to download the invoice from the airlines’ website after completing an air journey.
Taxology is helping all major corporates of India in obtaining the GST compliant invoices from the respective airline service providers.
What’s the result?
- Either the businesses lose out on the share of the input tax credit, or
- A part of the working capital is blocked until the invoice is uploaded.
Taxology provides a cost-effective, hassle-free solution to this issue through TaxBot, which automates the invoice downloading from the respective airline service provider.
Based on PNR No./Invoice No & Airline Service Provider name, TaxBot fetches the invoice from the website and downloads it in PDF format within a few minutes. It also converts the PDF into CSV format for entering it in ERP.