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As businesses strive to maintain compliance with Goods and Services Tax (GST) regulations, the complexity of requirements can be overwhelming. Manual management of GST compliance can lead to errors, missed deadlines, and unnecessary penalties. To address this challenge, a streamlined and automated solution is essential. Grant Thornton Bharat's GTaxPro offers a comprehensive, one-stop platform for GST compliance, leveraging the potential of automation, data analytics, and secure cloud hosting. By simplifying GST processes, businesses can minimise risks, optimise working capital, and make informed decisions, ultimately ensuring seamless compliance and improved operational efficiency.
Grant Thornton Bharat offers GTaxPro, an all-in-one tool for automating GST requirements, including e-invoicing, e-way bill, GSTR-1, GSTR-3B, GSTR-6, GSTR-7, GSTR-8, GSTR-9/9C, GSTR-2X, ITC-04, and GSTR-2A/2B reconciliation. It also offers data analytics and interactive dashboards that provide deeper insights into your business on the go.
The Application Service Provider (ASP) is a tool designed to connect to the internal systems of taxpayers, assist in compiling and preparing GST returns and uploading the same via a GST Suvidha Provider (GSP). A GSP acts as a bridge between your data and the Goods and Services Tax Network (GSTN) expectations.
With the Indian government's steadfast commitment to modernising the taxation system and enhancing transparency, e-invoicing has emerged as a pivotal component of this digital transformation journey.
With the Indian government's steadfast commitment to modernising the taxation system and enhancing transparency, e-invoicing has emerged as a pivotal component of this digital transformation journey.
A simplified platform that connects the taxpayer with the GSTN and National Informatics Centre (NIC) systems
Automated computation and filing of returns
It is hosted on the cloud with secure data transmission
Seamless integration with third-party applications, such as the taxpayer’s enterprise resource planning (ERP) software, via APIs
Time-efficient, accurate and precise GST compliance
Convenience via on-the-go connections with GST systems
GTaxPro is hosted on a secure cloud and is your single-point solution for GST compliance. It automates compliance through a dynamic interface and user-friendly features.
A complete e-invoicing solution that can integrate with your billing systems seamlessly in multiple ways and generate an invoice reference number (IRN) with zero disruption to your business.
End-to-end solution for your entire e-way bill (EWB) management with features such as EWB generation, EWB updation, EWB cycle management, EWB consolidation, etc.
Ensure seamless filing of all your Goods and Services Tax Returns (GSTR), such as GSTR-1, GSTR-3B, GSTR-6, GSTR-7, GSTR-8, GSTR-9 and 9C, GSTR-2X, ITC-04, along with a quick overview, summary and insights on the go.
Simplified GSTR-2A and 2B reconciliation with advanced logic for better results and improved vendor management.
Multiple interactive dashboards on various critical GST parameters to give meaningful insights into your business on the go.
GTaxPro’s data analytics tool uses GST transactional data to improve business processes, detect errors and anomalies, and find potential savings. It transforms data into insights that facilitate informed decision-making and act as digital health check for GST compliance. The data analytics module will assist in analysing and reporting exceptions from the ingested GST data, which includes:
Short payment of tax liability in GSTR 3B resulting in interest implications
Excess ITC claimed by the taxpayers
Unutilised balance left in the electronic credit ledger and cash ledger, impacting the working capital
Connect with our experts to decode how GTaxPro can meet all your GST compliance requirements.