1st July 2017 holds a vital place in the history of economic change where notorious and complex tax system was channelized by one single unique tax – Gross Service Tax (GST) by the Government of India.
GST is an indirect tax that replaced multiple cascading taxes by central and state governments. This tax is governed by GST council chaired by Union finance Minister of India. With the aim to reform indirect taxation, GST was introduced. Amalgamating several Central and State tax into single one would do away with double taxation and defoliating a common national market thus leading to easier administration and enforcement.
Biggest advantage to the end user is reduction in terms of reduction in the overall tax burden on goods. In order to ease the process of GST and to educate the masses about this new tax system, Alankit Ltd. has successfully been qualified as GST Suvidha provider(GSP) to extend services to tax payers for complying with the upcoming GST regime.
As a GSP, Alankit strives to provide convenient methods to taxpayers and other stakeholders in interacting with the GST Eco System and other services such as:
1. Migration to GST
2. Registration in GST
3. Invoice Management
4. Challan Generation
5. Return filing
6. Integrating current ERP
7. Consultation services
8. Back end support and other auxiliary services.
9. It provides a functionality to tax payer to reconcile sales and purchase invoices and upload reconciled invoices on GST Network (GSTN)
10. Consolidated view of all clients
11. Get updates on tax payers from GST system
12. Provide action oriented reports every year
13. Partnership with prominent Chartered Accounts (CA) firms for taxation and financial matters.
14. Development process by state of art technology
15. Syncing with GSP – increase of workforce and thus ready to cater growing demands
16. In house secure IT infrastructure
Alankit as a GST Suvidha Provider embraces ease of business with reliable and suitable assistance. GST India will affirmatively bring in complete digitalization and has made the return filing process more complex. Nominated as leading technology provider- GSP (GST Suvidha Provider); Alankit assists in smooth transition.
Working in sync with government bodies, Alankit currently assists tax payers i.e. businesses and traders in all tax and all GST related matters.
Alankit Group 