Jay Sairam
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NEW DELHI: With an aim to support the government's GST initiative and to make every Indian SMEs / MSMEs, GST compliant, need GST solution "GSTmadeeasy" is soon to be launched, end-to-end business solution for MSMEs / small traders to deal with the requirements of the new GST regime.
CAIT has said that GST is a technology driven taxation system which requires mandatory compliance through digital technology only. And, about 60 percent of small businesses in the country have yet to adopt computerization in their existing business format.CAIT further states that half of the six crore small businesses fall under the threshold limit of Rs 20 lakh and do not require registration under GST. Another about one crore traders may opt for 'composite scheme' but the new tax regime is about two crore small businesses do not fall under any indirect tax law and will have to comply with the new rule mandatorily
Ravi Shankar Rao, Co-Founder and CEO of GSTmadeeasy said "It is saddening to see the present scenario of small businesses who are running from pillar to post, mainly because of lack of technology, and GST on preparedness, its daunting cost and moreover the clarity on GST rules and regulations to generate and file regular monthly / quarterly returns. "
"It is shocking and disheartening to see that all so called GST solutions are just floating in the market just based on cloud based software package / ERP solutions, which mandatory for a small business for a captive investment, and furthermore, computers, software knowledge The next technology challenge can be getting online to run any such cloud based solution. On the contrary, the practicing GST professionals have given their limitations helpless but the charges / invoices of the number of uploads are uploaded. per month to generate and file GST returns. " Rao said
On the best of the scenario's and that too, for a developed nation But, for a still developing and a growing nation like that, we are still far from that reality, especially when we talk of tier 2 and tier 3 cities and more the challenges and limitations of mobile data connectivity in those densely and thickly populated markets deep inside the walled city of Delhi Chandani Chowk, Khari Baoli, Sadar Bazar and many more over India is a matter of grave concern, if, one has run a cloud based solution
The elated Mr. Ravi Shankar Rao said, "GSTmadeeasy is the first and only solution in the country till today, which has been conceptualized, designed and developed, keeping the challenges, difficulties and limitations of small traders, such as technology awareness and preparedness, its daunting cost and Further, the clarity on GST rules and regulations to generate and file regular monthly / quarterly returns. "
GSTmadeeasy, the truly user friendly solution is just not a software / cloud based solution, GSTmadeeasy is a complete end of business solution which will take care of all GST related issues, be it digitization of sales / purchase invoices and that too unlimited invoices , invoice validation with tax rates / HSN codes, professional services at the backend for pre and post filing reconciliation, dispute resolution / mismatch, tax accounting reconciliation, GST return preparation & filing and online tax payment assistance. To top it all a Help Desk from dawn to dusk that too on a toll free number with GST professionals available just a call away to assist on any GST related issues ...
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