GST reconciliation for business air travel expenses.
About SkyLedger
SkyLedger is TraCarta’s enterprise Airline ITC Reconciliation solution designed to bring accuracy, control, and transparency to travel-related GST compliance. It systematically aligns travel agent statements and internal purchase registers with GSTR2B or GSTR6A to ensure precise validation of eligible input tax credit on airline and travel spend.
By proactively identifying credit leakages, ineligible ITC, missing invoices, and vendor discrepancies, SkyLedger strengthens tax governance, enhances audit readiness, improves working capital efficiency, and delivers measurable EBITDA impact through disciplined and compliant travel GST management.
The Problem Statement
Fragmented Documentation Landscape
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Airline invoicing operates across inconsistent timelines, formats, and processes, creating a fragmented documentation landscape.
This lack of standardization limits data consolidation, delays reconciliation, and increases the risk of unmatched invoices and ineligible credits, ultimately weakening tax governance and elevating compliance and leakage risk across travel-related GST processes.
Multiple Data Sources
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Travel and accounting data is dispersed across airlines, TMCs, and internal finance systems, each operating with different references, formats, and file structures.
The absence of a unified transaction trail complicates accurate matching, increases manual intervention, and restricts end-to-end visibility into the true input tax credit position.
Managing Multi-Source Airline Documentation
Airline travel documentation is generated across multiple sources—primarily Travel Management Companies and airlines, making invoice management operationally intensive.
Consolidating these disparate data streams into a unified transaction framework is inherently complex, increasing the risk of reconciliation gaps, missed validations, and unclaimed eligible input tax credits.
Fragmented Documentation Flow
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The invoicing landscape remains highly fragmented, with airlines adhering to varying issuance timelines, formats, and processes.
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This lack of standardization creates significant challenges in consolidating invoice data, thereby impeding accurate matching, reconciliation, and downstream tax compliance over time.
Solution & Process Excellence
The Space Between Us
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​The first step in the reconciliation process is to collect accurate and complete documentation such as invoices, credit notes, and supporting records from various airlines for all transactions. Since airlines follow different invoicing practices and timelines, ensuring consistency and accuracy at this stage is crucial for reliable reconciliation and accurate ITC claims.
Documentation Management
The next step involves extracting key data points from airline invoices, such as invoice numbers, dates, GSTINs, fare amounts, and tax components, and mapping them to corresponding transaction entries in internal records. This ensures alignment between airline invoices and internal records, facilitating accurate reconciliation and validation of input tax credit.
Data Extraction Management
​The final step is to reconcile the extracted and mapped data with the GSTR2B return, ensuring all transactions are accurately reflected and eligible input tax credits are captured. Any discrepancies are identified and addressed by reviewing internal records or coordinating with the supplier, helping to ensure GST compliance and maximize ITC claims.
Reconciliation Management
TraCarta offers a structured documentation collation service that consolidates all airline records, such as invoices, credit notes, and debit notes which are linked to travel agent transactions.
Using its proprietary AirX© Automation Framework, the platform organizes and validates documents for completeness and traceability. The result is an audit-ready, single source of truth for all airline transactions, ensuring accurate, compliant, and efficient tax and finance processing.
Deliverable Matrix
Airline Documentation Set
A complete set of airline issued invoices and credit notes, essential for accurate reconciliation, ITC validation, and compliance support.
TraCarta GST Report
The industry's first two way reconciliation between airline documentation and GSTR2B to ensure a thorough and accurate completion rate.
GST Audit Report
A comprehensive final audit report highlights transactions missing GST details and identifies any additional transactions reported in the GSTR2B.
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