New GST software launched

Image result for New GST software launchedGeneral ST Suvidha Provider and publisher of tax and corporate law books Taxmann has developed a software to help enterprises comply with the requirements under the Goods and Services Tax (GST) regime.

Announcing the launch of the product in Hyderabad on Wednesday, Taxmann Technologies CEO Piyush Kumar said the One Solution software has been created keeping in mind the increased compliance and monthly returns a company need to file under the new GST regime.

Taxmann is one of the 34 GST Suvidha Providers (GSP) authorised to interact with Goods and Services Tax Network (GSTN), which will handle all return filings and compliance related work. GSPs have been allowed to provide essential solutions like registration, return filing, payment of taxes, ledger maintenance through their secured network, a release from Taxmann said.

Solution available

One Solution is available for purchase both as a software to help with GST compliance as well as a integrated solution for Goods and Services Tax, Income Tax and TDS compliance, he said.

The software, Head-Growth and Alliances of Taxmann Ansh Bhargava said, has a robust reconciliation facility so as to ensure that only reconciled details are reported to GSTN.”