Auto-population of returns for timely compliance
Advanced reconciliation engine
99.9% uptime availability on the cloud
The new Goods and Services Tax (GST) regime marks a new era in Indirect Taxation in India. GST unifies India with a simple and single consumption based tax, replacing existing Central taxes such as Excise duty, Service Tax as well as State taxes such as Value Added Tax (VAT), Central Sales Tax (CST), and Luxury Tax. Instead of complying to various different taxes and rules, businesses now have a single tax to comply to. However, the reporting and return filing requirements are now much higher.
A Taxpayer must report to the Government, each line item of every Invoice they issue.
As you being to think about what this requirement means, that is not all. Under GST,
A Taxpayer must acknowledge and reconcile all inward supply invoices with their records.
Without using proper software technology, a taxpayer will find it almost impossible to meet the GST law's requirements.
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