MUMBAI, India, Oct. 5 -- Intellectual Property India has published a patent application (202641114442 A) filed by Vels Institute Of Science, Technology And Advanced Studies on September 24, 2026, for An Artificial Intelligence-Based System For Automated Gst Return Filing, Itc Matching, And Litigation Risk Prediction.
Inventors include Dr. M. Thaiayalnayaki; Dr. V. Andal; Dr. C. Shalini; Dr. B. Sanjeevan; Dr. K. Vijayasuganthi; Dr. R. V. Suganyaa; Dr. S. Muthu Meenakshi; Dr. P. Murugan; and Dr. E. Brindha Devi.
The application for the patent was published on October 02, 2026, under issue no. 40/2026.
Abstract: The present invention provides an Artificial Intelligence-based system for automated Goods and Services Tax (GST) compliance management, comprising a data acquisition mechanism configured to collect GST-related transactional data from multiple sources, a data preprocessing mechanism configured to generate a structured transaction dataset, an AI-assisted ITC matching mechanism configured to perform exact and intelligent similarity-based matching between recipient and supplier data and to categorize transactions by match status, an automated GST return preparation mechanism configured to apply configurable statutory rules and generate a pre- filing validation report, a compliance intelligence mechanism configured to generate risk scores using rule-based and machine-learning analysis, a litigation-risk prediction mechanism configured to predict, using trained machine-learning models, the likelihood of a transaction or compliance issue progressing into a notice, audit, adjudication, or litigation, and a user interaction and alert mechanism configured to present dashboards, generate automated alerts, and maintain an audit trail. The invention reduces manual intervention and enables early, data-driven identification of GST compliance and litigation risk.
Disclaimer: Curated by HT Syndication.
