As the GST will be effective from July 1st, ClearTax, India's largest Income Tax returns e-filing and enterprise compliance service provider has partnered with CII, Bihar Skill Development Mission to provide insights on the GST- implementation. ClearTax workshop aims to empower skill development centers across Bihar for making them GST compliant at a block level and generating employment for youth.
Objective of this workshop is to provide intricacies of laws and provisions so that business strategies could be formulated and necessary business realignments can be done in advance to prepare themselves for a smooth transition.
The multi-GSP software has been built as a complete solution provider for processing and filing GST returns by businesses as well as chartered accountants. The software includes built-in technologies such as machine learning to make API calls, multi-linking to payments, geography-based server switching, etc. for the most optimal performance. The software is equipped with a backup and fault tolerance built into the system to protect large quantities of data.
"We are delighted to work with CII Bihar and Commercial Taxes Department in imparting knowledge on GST compliance and workflow that will be required effective from July 1st. We are also partnering with government bodies to help the community with a smooth GST transition," said founder and CEO ClearTax.com, Archit Gupta.
"GST is the most progressive development in the Indian taxation system so far. We have already begun the enterprise-wide process of migration to the new tax system. ClearTax will help in educating about the GST compliance and workflow along with and e-learning kits in Bihar allowing traders, e-tailers, merchants to become GST-ready," said spokesperson CII Bihar, Prabhat Sinha.
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