{"id":1525,"date":"2026-06-12T15:27:50","date_gmt":"2026-06-12T15:27:50","guid":{"rendered":"https:\/\/sovos.com\/in\/?post_type=sovos_study&#038;p=1525"},"modified":"2026-06-17T12:11:40","modified_gmt":"2026-06-17T12:11:40","slug":"from-manual-to-automated-how-forbes-marshall-achieved-97-itc-realization","status":"publish","type":"sovos_study","link":"https:\/\/sovos.com\/in\/case-study\/from-manual-to-automated-how-forbes-marshall-achieved-97-itc-realization","title":{"rendered":"From Manual to Automated: How Forbes Marshall Achieved 97% ITC Realization"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1525\" class=\"elementor elementor-1525\" data-elementor-post-type=\"sovos_study\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ebe93f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ebe93f1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a41f467\" data-id=\"a41f467\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-27dd086 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"27dd086\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c2d492b\" data-id=\"c2d492b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d386baf elementor-widget elementor-widget-heading\" data-id=\"d386baf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Customer Story<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ccd4d0 elementor-widget elementor-widget-heading\" data-id=\"6ccd4d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">From Manual to Automated: How Forbes Marshall Achieved 97% ITC Realization <\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1aa7992\" data-id=\"1aa7992\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2eea27b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2eea27b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c837911\" data-id=\"c837911\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3971670 elementor-widget elementor-widget-heading\" data-id=\"3971670\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Products<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e908e4d elementor-position-left elementor-position-left elementor-vertical-align-middle elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"e908e4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" src=\"https:\/\/cdn.bfldr.com\/UG5EBX6L\/at\/kbcr33bkqxvx3xkmrjtp8zbr\/122024-Use-Tax-Manager-Product-Icon-About-This-ICON-RGB-v1.png?auto=webp&#038;format=png\" title=\"\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><div class=\"elementor-image-box-title\">GST Filing and Reconciliation <\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42cf1af elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"42cf1af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-633037d elementor-position-left elementor-position-left elementor-vertical-align-middle elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"633037d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" src=\"https:\/\/cdn.bfldr.com\/UG5EBX6L\/at\/6t2j59pmrp4npfcvh7j4qjhn\/122024-Compliance-Network-Product-Icon-About-This-ICON-RGB-v1.png?auto=webp&#038;format=png\" title=\"\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><div class=\"elementor-image-box-title\">E-Invoicing Solution<\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ec7234 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"9ec7234\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51afeb9 elementor-position-left elementor-position-left elementor-vertical-align-middle elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"51afeb9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" src=\"https:\/\/cdn.bfldr.com\/UG5EBX6L\/at\/twts2xbxw9pxnj457fw78jcg\/122024-SIN-Product-Icon-About-This-ICON-RGB-v1.png?auto=webp&#038;format=png\" title=\"\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><div class=\"elementor-image-box-title\">E-Way Bill Solution<\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f958268 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f958268\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6e20b50\" data-id=\"6e20b50\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3b29ca4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3b29ca4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-397b5e1 elementor-hidden-tablet\" data-id=\"397b5e1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1bba1b elementor-widget elementor-widget-heading\" data-id=\"e1bba1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Company Information<\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-a22cd9c\" data-id=\"a22cd9c\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a49306e elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"a49306e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">\u20b91,440 crore +<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18bde09 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"18bde09\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2b5056 elementor-widget elementor-widget-text-editor\" data-id=\"f2b5056\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Revenue<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-2d82b30\" data-id=\"2d82b30\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f490587 elementor-widget elementor-widget-heading\" data-id=\"f490587\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">2500 + <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4118294 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"4118294\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e4e7c1 elementor-widget elementor-widget-text-editor\" data-id=\"8e4e7c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Employees<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-0756f7f\" data-id=\"0756f7f\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c87ad5 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"5c87ad5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Steam Engineering and Control Instrumentation <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5efd0ce elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5efd0ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7d3e10 elementor-widget elementor-widget-text-editor\" data-id=\"d7d3e10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Industry<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-f139989\" data-id=\"f139989\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-970d352 elementor-widget elementor-widget-heading\" data-id=\"970d352\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">India<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea2060c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ea2060c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da173d3 elementor-widget elementor-widget-text-editor\" data-id=\"da173d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Countries<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-586c5f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"586c5f2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b33c644\" data-id=\"b33c644\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ef0d494 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ef0d494\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_offset&quot;:60,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-57a8864\" data-id=\"57a8864\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1115ea5 elementor-position-left elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"1115ea5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" src=\"https:\/\/sovos.com\/in\/wp-content\/uploads\/2025\/04\/icon-benefits-blue-60x60-1.svg\" title=\"\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Benefits <\/h3><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1997aa elementor-widget elementor-widget-heading\" data-id=\"d1997aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">97% ITC availed within the same month <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5184a8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d5184a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3861bdf elementor-widget elementor-widget-heading\" data-id=\"3861bdf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Near-zero ITC loss across reporting periods <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8de90e7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8de90e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53fb03a elementor-widget elementor-widget-heading\" data-id=\"53fb03a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Faster, error-free GSTR-3B return filing <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7128500 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7128500\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33b09a5 elementor-widget elementor-widget-heading\" data-id=\"33b09a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Real-time visibility into vendor invoice actions <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c574de2 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c574de2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec79083 elementor-widget elementor-widget-heading\" data-id=\"ec79083\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Proactive vendor compliance and payment control <\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-413fc81 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"413fc81\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b36131c elementor-widget elementor-widget-heading\" data-id=\"b36131c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Reduced manual effort, improved reconciliation accuracy <\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8270d59\" data-id=\"8270d59\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f718c43 elementor-widget elementor-widget-heading\" data-id=\"f718c43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Overview<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8de193 elementor-widget elementor-widget-text-editor\" data-id=\"b8de193\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Forbes Marshall is a multinational engineering company specializing in steam engineering, process automation, and energy efficiency solutions. Founded in 1926 by J.N. Marshall and headquartered in\u00a0Kasarwadi, Pune, Maharashtra, India, the company has built a strong global reputation over\u00a0nearly a\u00a0century of operation. Forbes Marshall is widely regarded as one of the few organizations in the world with deep\u00a0expertise\u00a0in both steam engineering and control instrumentation. This dual specialization has enabled the company to design and deliver industry-specific systems focused on energy efficiency and utilities management across a broad range of sectors, including textiles, food processing, paper, power, and chemicals.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">With offices in 18 countries, installations in 28, and six manufacturing facilities across India, the UK, and Singapore, Forbes Marshall serves over 8,000 customers worldwide. For the\u00a0financial year\u00a0ending March 2025, the company reported a revenue of \u20b91,440 crore, with a workforce of over 2,500 employees. Given the scale and complexity of its operations, Forbes Marshall manages a significant volume of transactions across its vendor and supply network, making\u00a0accurate\u00a0and\u00a0timely\u00a0GST compliance a critical business requirement.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e312872 elementor-widget elementor-widget-heading\" data-id=\"e312872\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Challenge<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ccaed1 elementor-widget elementor-widget-text-editor\" data-id=\"4ccaed1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">As a large multinational enterprise with operations spread across multiple states in India, Forbes Marshall faced significant hurdles in managing its GST compliance effectively. The scale of transactions, the breadth of its vendor network, and the complexity of multi-GSTIN operations made routine compliance\u00a0tasks\u00a0anything but routine.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Timely Action on IMS Data<\/span><\/b><span data-contrast=\"auto\">: The team\u00a0struggled to take\u00a0timely\u00a0decisions on Invoice Management System (IMS) data, including accepting, pending, or rejecting invoices within required timelines. Delayed actions created the risk of missing Input Tax Credit (ITC) opportunities and added pressure on the compliance team to manage large volumes within tight windows.<\/span><span data-ccp-props=\"{&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Reconciling High Volumes of SO and PO Invoices:<\/span><\/b><span data-contrast=\"auto\">\u00a0Managing and reconciling a large volume of Supplier Only (SO) and Purchase Only (PO) invoices was a significant operational challenge.\u00a0Identifying\u00a0which invoices were eligible for reconciliation and availing ITC was a time-consuming and error-prone process without a structured mechanism in place.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Accurate GSTR-3B Table 4 Reporting:<\/span><\/b><span data-contrast=\"auto\">\u00a0Determining\u00a0eligible ITC, reversals, and reclaim amounts for\u00a0accurate\u00a0GSTR-3B Table 4 reporting proved complex and demanding. Without clearly structured data to support this process, the risk of reporting errors and compliance gaps\u00a0remained\u00a0a constant concern.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Invoice Matching and Reconciliation Accuracy:<\/span><\/b><span data-contrast=\"auto\">\u00a0Forbes Marshall faced persistent challenges with invoice mismatches during reconciliation. The absence of a flexible matching mechanism made it difficult to accurately reconcile invoices, particularly in cases where multiple invoices needed to be mapped against a single entry.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Tracking Vendor Filing Status for Payments:<\/span><\/b><span data-contrast=\"auto\">\u00a0Monitoring\u00a0the GST return filing status of vendors before processing payments was a cumbersome and\u00a0largely manual\u00a0task. Without a reliable tracking mechanism, it was difficult to\u00a0identify\u00a0which vendors had filed their returns and were eligible for payment, and which had\u00a0not,\u00a0creating\u00a0compliance and cash flow risks.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe650b7 elementor-widget elementor-widget-heading\" data-id=\"fe650b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Solution<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2690c82 elementor-widget elementor-widget-text-editor\" data-id=\"2690c82\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Forbes Automobiles partnered with\u00a0Sovos\u00a0India to address their GST compliance challenges. A dedicated team of domain experts, IT professionals, and Chartered Accountants at\u00a0Sovos\u00a0India worked closely with the Forbes Automobiles team to design and implement a\u00a0customized\u00a0compliance solution through the\u00a0Sovos\u00a0India Tax Compliance Suite.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Key solutions delivered included:<\/span><span data-ccp-props=\"{&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Monthly Purchase Register Reconciliation<\/span><\/b><span data-contrast=\"auto\">\u00a0Every month, Forbes Marshall provides their purchase register for the respective period. Based on the reconciliation carried out by the\u00a0Sovos\u00a0India team, approximately 97% of eligible ITC is successfully availed within the same month, ensuring minimal revenue leakage and\u00a0timely\u00a0credit\u00a0utilization.<\/span><span data-ccp-props=\"{&quot;335559739&quot;:0}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">ITC Report in GSTR-3B Table-Wise Format<\/span><\/b><span data-contrast=\"auto\">\u00a0The\u00a0Sovos\u00a0India team delivers a structured ITC report to the Forbes Marshall team every month, formatted directly in line with GSTR-3B table requirements. This allows the team to analyze data quickly, significantly reduces turnaround time, and ensures\u00a0accurate\u00a0and confident filing of GSTR-3B returns.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Vendor Reconciliation and Follow-Up Support<\/span><\/b><span data-contrast=\"auto\">\u00a0Through a dedicated vendor reconciliation report,\u00a0Sovos\u00a0India helps Forbes Marshall\u00a0identify\u00a0vendors who have not yet filed their GSTR-3B returns. This enables the team to proactively follow up with non-compliant vendors, ensuring\u00a0timely\u00a0filings and safeguarding ITC availability.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Probable Matching for Unreconciled Invoices<\/span><\/b><span data-contrast=\"auto\">\u00a0For invoices that\u00a0remain\u00a0unreconciled,\u00a0Sovos\u00a0India provides probable matching suggestions to the Forbes Marshall team. Upon their confirmation, manual matching is performed, enabling the recovery of approximately 2% of\u00a0additional\u00a0ITC in\u00a0subsequent\u00a0periods and ensuring no eligible credit is left unaccounted for.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Real-Time IMS Action and Tracking<\/span><\/b><span data-contrast=\"auto\">\u00a0Through the Invoice Management System (IMS), the Forbes Marshall team can view vendor invoices in real time and take immediate actions such as accepting or rejecting invoices. This reduces dependency on manual tracking, improves reconciliation accuracy, and ensures\u00a0maximum\u00a0ITC realization with minimal loss.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c9cdb6 elementor-widget elementor-widget-heading\" data-id=\"6c9cdb6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Results<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-792c481 elementor-widget elementor-widget-text-editor\" data-id=\"792c481\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">97% ITC Availed Within the Same Month:<\/span><\/b><span data-contrast=\"auto\">\u00a0With a structured monthly reconciliation process in place, Forbes Marshall now avails approximately 97% of eligible Input Tax Credit within the same month, reducing revenue leakage and improving cash flow predictability.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Near-Complete ITC Recovery Across Periods:<\/span><\/b><span data-contrast=\"auto\">\u00a0Through the probable matching mechanism for unreconciled invoices, an\u00a0additional\u00a0approximately 2% of ITC is recovered in\u00a0subsequent\u00a0periods, ensuring that eligible credit is fully accounted for across reporting cycles.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Accurate and Timely GSTR-3B Filing:<\/span><\/b><span data-contrast=\"auto\">\u00a0The table-wise ITC report has reduced preparation time and minimized the risk of reporting errors.\u00a0Forbes Marshall&#8217;s team can now complete GSTR-3B filings accurately and efficiently, with a clear view of eligible ITC, reversals, and reclaim amounts at every stage.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Stronger Vendor Compliance Management:<\/span><\/b><span data-contrast=\"auto\">\u00a0With clear visibility into vendor filing status, Forbes Marshall can proactively follow up with non-compliant vendors and make well-informed payment decisions, ensuring ITC availability is not compromised due to vendor non-compliance.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Reduced Manual Effort and Improved Reconciliation Accuracy:<\/span><\/b><span data-contrast=\"auto\">\u00a0Real-time IMS capabilities have significantly reduced the team&#8217;s dependence on manual tracking.\u00a0Timely invoice actions, combined with\u00a0accurate\u00a0reconciliation, have improved overall compliance efficiency and ensured\u00a0maximum\u00a0ITC realization with minimal loss.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c646544 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c646544\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2a9bdf elementor-widget elementor-widget-heading\" data-id=\"c2a9bdf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Why Sovos India?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bf0479 elementor-widget elementor-widget-text-editor\" data-id=\"5bf0479\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Forbes Marshall&#8217;s compliance requirements demanded more than periodic support; they\u00a0required\u00a0a structured, process-driven partnership capable of managing high volumes of invoices, reconciliation complexity, and evolving regulatory obligations on a consistent monthly basis.\u00a0Sovos\u00a0India delivered exactly this, providing end-to-end GST compliance support that integrated seamlessly into Forbes Marshall&#8217;s existing workflows and reporting cycles.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">What distinguishes\u00a0Sovos\u00a0India is its ability to combine technology with hands-on\u00a0expertise. From delivering table-wise ITC reports and probable matching suggestions to enabling real-time IMS actions and vendor compliance tracking,\u00a0Sovos\u00a0India provided Forbes Marshall with the tools and guidance needed to\u00a0maintain\u00a0accuracy, minimize ITC loss, and file returns with confidence. The result is a compliance function that is not only more efficient, but fundamentally more reliable making\u00a0Sovos\u00a0India a trusted partner in Forbes Marshall&#8217;s financial and regulatory operations.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-703e457 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"703e457\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65fa66d elementor-widget elementor-widget-text-editor\" data-id=\"65fa66d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">\u201cThe solution is well-rounded\u00a0and\u00a0up-to-date\u00a0with GST norms.\u201d<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">\u201cWhen it comes to GST Filing, I know I can rely on\u00a0Sovos\u00a0India. Filing monthly GST Returns- GSTR 1,3B, specific returns like ITC 04 and annual return &#8211; GSTR 9 including the entire reconciliation process,\u00a0wouldn&#8217;t\u00a0have been easier without the\u00a0Sovos\u00a0India Team. We are quite pleased with the product and the support provided.\u00a0While the\u00a0solution in\u00a0itself is well-rounded and\u00a0up-to-date\u00a0with GST norms, the support provided by the team is prompt,\u00a0reliable\u00a0and 24&#215;7. The support team has deservingly earned\u00a0the gratitude.\u00a0Cheers !\u201d\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3f160e4 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"3f160e4\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c83ded2\" data-id=\"c83ded2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-667c703 elementor-widget elementor-widget-sovos-feat-product-banner\" data-id=\"667c703\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"sovos-feat-product-banner.default\">\n\t\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<sovos-feat-product-banner padding-x=\"none\" padding-top=\"small\" padding-bottom=\"small\" overflow-x=\"hidden\" color-theme=\"green\"><div slot=\"heading\">Ready to get started? Start tailoring this solution to your specific challenges with our experts<\/div><sovos-button slot=\"primary_button\" variant=\"default\" size=\"small\" color=\"primary\" expanded=\"yes\" title=\"More\" url=\"\/in\/contact-us\/?utm_source=case_study_page&amp;utm_medium=bottom_cta&amp;utm_campaign=case_study_page_cta\"><div slot=\"text\">Talk to an Expert<\/div><\/sovos-button><sovos-image slot=\"image\" variant=\"image\" should-lazy-load=\"yes\" url=\"https:\/\/sovos.com\/in\/wp-content\/uploads\/sites\/18\/2026\/06\/cta-man-talk-to-an-expert@2x.png\" background-color=\"#FFFFFF00\"><\/sovos-image><\/sovos-feat-product-banner>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Customer Story From Manual to Automated: How Forbes Marshall Achieved 97% ITC Realization Products GST Filing and Reconciliation E-Invoicing Solution E-Way Bill Solution Company Information \u20b91,440 crore + Revenue 2500 + Employees Steam Engineering and Control Instrumentation Industry India Countries Benefits 97% ITC availed within the same month Near-zero ITC loss across reporting periods Faster, [&hellip;]<\/p>\n","protected":false},"author":498,"featured_media":1606,"template":"","categories":[31],"solutions":[32],"regions":[33],"lineofbusiness":[],"class_list":["post-1525","sovos_study","type-sovos_study","status-publish","has-post-thumbnail","hentry","category-gst","solution-gst","region-apac"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - 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