GST Billing Software Development in Udaipur
'Goods and Service Tax (GST)'
The Goods and Service Tax (GST) is one indirect tax for the whole nation, which will make India one unified common market. It is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
GST is a destination-based tax, which means it is charged where the goods are consumed, as opposed to where they are produced. It will help in removing several indirect state and federal taxes levied by local bodies.The final consumer will thus bear only the GST charged by the last dealer in the supply chain.
‘YUG TECHNOLOGY’ GSP SOLUTION FEATURES
Enterprise users largely transact on the ERP System. Yug Technology Solution will get transaction data from ERP for all business transactions through the interface for GST filing.
CONCEPT OF GSP EXPLAINED
There is a different GST portal available for different taxpayers (SME, Large Enterprise, Small retail vendor etc). The GSP can help in GST compliance through their innovative solutions. It can help in converting the purchase/sales register data in a GST compliance format, integration of accounting packages/ERP with GST System. Every industry with specific needs can be met with GSP.
DESIGN & IMPLEMENTATION FRAMEWORK
The taxpayer needs to have the permissions to use third party applications which can provide varied interfaces on various platforms. The EXACT GSP will connect with the GST system via secure APIs. GSPs use GST APIs to enrich and enhance the taxpayer's user-friendly experience.