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.
A one-stop shop for GST compliances
GTaxPro is 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 provides data analytics and interactive dashboards that offer deeper insights into your business. Built on the ASP + GSP framework, GTaxPro connects to your internal systems, compiles and prepares GST returns, and uploads them via a GST Suvidha Provider (GSP). This integrated approach eliminates manual effort and ensures seamless compliance with GSTN expectations.
GTaxPro: Enable seamless GST compliance through automation
GST compliance demands precision, speed, and secure integration. GTaxPro, our one-stop platform, connects enterprise systems with GSTN through a cloud-hosted ASP+GSP platform, automating e-invoicing, e-way bill, and return filing. With real-time dashboards, vendor reconciliation, and data validation, it supports accurate disclosures and timely filings. The analytics module flags anomalies, strengthens reporting, and improves visibility into working capital.
Key features
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
What GTaxPro can do for you?
- Provide solutions for e-invoicing and e-way bill generation
- Vendor (2A and 2B) reconciliation of invoices
- Invoice Management System (IMS)
- Archival and retrieval functionality
- Seamless preparation and filing of GST returns
- Automate data validation
- Secure transmission
How GTaxPro works
GTaxPro is a secure cloud-based tool that automates GST compliance, including e-invoicing, e-way bills, return filing, and vendor reconciliation. It integrates with ERP systems to streamline data flow and ensure accurate filings. The platform provides dashboards, analytics, and automated validations to detect errors and improve tax efficiency. Covering all major GST forms, GTaxPro follows a structured implementation process that includes ERP assessment, system development, integration, and ongoing support. It simplifies compliance and boosts operational accuracy for businesses.
Our modules
Our end-to-end service offerings
Understand the process
- Understanding the current ERP process
- Generating invoice template
- Providing end-to-end assistance with the billing process
Develop the system
- Modifying the existing ERP
- Developing a robust compliance system
- Providing access and continued support with GTaxPro
Integrate the methodology
- Testing the system
- Training users regularly
- Planning for future developments/updates
After-care
- Going live with the system
- Tracking clarification/information on the updates
- Routine testing, error reporting and troubleshooting
Data analytics
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
GTaxPro
Cloud-based automation tool simplifying GST compliance through seamless ERP integration, e-invoicing, e-way bill management, and vendor data reconciliation.