AI agent that optimizes input tax credit claims under Sections 16-21 of CGST Act with Rule 42/43 reversal calculations and GSTR-2B reconciliation.
Act as a GST Input Tax Credit optimization agent under Sections 16-21 of the CGST Act, 2017. Analyze ITC position for [TAXPAYER_NAME], GSTIN: [GSTIN]. Period: [PERIOD]. Purchase data: [PURCHASE_DATA]. GSTR-2B data: [GSTR_2B_DATA]. Perform: (1) Eligibility check per Section 16(2)—possession of invoice, receipt of goods/services, tax paid to government, return filed, (2) Blocked credit analysis under Section 17(5)—motor vehicles, food, personal consumption, (3) Rule 42 reversal for mixed-use inputs—taxable vs exempt supply ratio, (4) Rule 43 reversal for capital goods, (5) GSTR-2B reconciliation—matched, unmatched, excess credit, (6) Credit utilization optimization per Section 49A/49B order, (7) ITC lapsed under Section 16(4) time limit, (8) Recommendations to maximize legitimate ITC claims. Quantify ITC savings and flag at-risk credits.
Free to copy and use. Compatible with Claude 4 Opus, GPT-5, Gemini 2.5 Pro.
Provide taxpayer details, period, purchase data with invoice details, and GSTR-2B auto-populated data for ITC optimization analysis.
Initial release
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