Case Study: a major American multinational snacks company achieves enhanced invoice authenticity and maximized Input Tax Credit with Cygnet TaxTech

One of the world’s largest snacks companies enabled invoice verification for ITC unblock with our managed services

Cygnet TaxTech worked with an American multinational confectionery, food, holding and beverage and snack food company operating in more than 80 countries to support a complex ITC unblock process in India. The customer needed help fetching bulk invoice data from Reedsoft, verifying it against GSTN, applying required mandate validations, and uploading invoice status into its ERP, while facing manpower limitations and manual processing challenges.

Cygnet TaxTech provided trained manpower as a managed service to retrieve data, manually validate invoices with GSTN, complete the required enterprise checks, and update the ERP system for ITC unblocking. The solution improved process efficiency, combined automation with human oversight where needed, and enhanced invoice authenticity while maximizing Input Tax Credit.