About our Managed Services

Cygnet.One’s Managed Services for Indirect Tax blend highly qualified tax professionals with intelligent automation. We help enterprises stay audit-ready, minimize compliance risks, and ensure seamless filing across GST, ITC, returns, reconciliations, and litigation support.

With our end-to-end managed services, you can focus on business growth while we manage compliance complexity.

Image

GST Compliance Challenges – What's at Stake?

Cygnet Managed Services solves these challenges with a zero-stress compliance model.

Data overload & errors

due to multiple ERPs and scattered sources.

Constantly evolving GST laws

demanding frequent updates.

Shortage of skilled professionals

to handle reconciliations and filings.

Reconciliation gaps

leading to ITC mismatches.

Sustained compliance risks

with penalties & interest liabilities.

Resource-intensive processes

consuming finance bandwidth.

See where your GST compliance really stands.

Before we manage your compliance, we help you measure it.

GST Assessment Report highlights mismatches, risks, and compliance gaps — giving you a clear roadmap for corrective action. It’s the first step towards stress-free GST filings and audit-ready governance.

We are your extended Tax
Team!

End to end GST compliances

  • Ensure timely periodic and annual compliances, reporting, and reconciliations

  • Minimal exposure to penalties due to single source of truth for all tax compliances

  • Inhouse team of experienced Chartered Accountants specializing in Indirect taxation

On-demand reconciliations for past period

  • Reconciliation of e-invoices / e-way bills with sales / purchase data (generated by vendors)

  • Reconciliation for past periods for responding to notices

Advisory, analytics and litigation support

  • Responding to tax related queries from internal tax/business teams

  • Validating the tax positions, assistance in structuring the transactions

  • Monitoring the tax positions and suggesting the ways to optimize ITC utilization, credit liquidation and minimize cash outflows

  • Assistance in replying to queries and SCN notices from tax department

Process evaluation and transformation

  • Review of existing process and compliances, and suggesting ways for realising tangible benefits and process improvements

Values created by Cygnet Managed Services

Outsourcing decisions are based on savings and the benefits. The calculation of the benefits should also include the impact of constant monitoring and accuracy.

Constant monitoring of GSTR-1 vs GSTR-3B liabilities led to prevention of an inadvertent short payment of taxes, avoiding penal interest

With efforts to address the causes of unreconciled invoices from the core, we reduced on-hold ITC by half, saving ₹2.25 crores in notional cost per 1% increase in ITC reconciled

Synergies between our teams enables you to focus on more value-generating tasks by leaving compliances to us

Minimal exposure to interest and penalties due to single source of truth being used for all tax compliances (e-invoices, e-way bills, reconciliations and GST returns)

Why Choose Cygnet Managed Services?

Let Cygnet handle GST compliance while you focus on your core business strategies.

From returns to notices and audits, we’ve got you covered.

Our team of 15+ direct and indirect tax subject matter experts will ensure a seamless compliance for your enterprise.

AI-powered reconciliation & reporting.

From day-to-day compliance to strategic advisory, we’re with you at every step.

A Single Source of Truth for minimal errors and credit visibility.

A leading chemical industry client unlocked 97.87% ITC claims with automated reconciliation.
background image