Taxmann, one of the authorised Goods and Services Tax Suvidha Providers (GSPs), announced its partnership with the State-owned Bharat Sanchar Nigam Ltd to assist corporates and small and medium enterprises (SMEs) in managing GST compliance.
Data import
It also launched Taxmann BSNL ‘One Solution’ software for the purpose. The software would not only ensure simplified workflow for user ease, but offers robust capability to facilitate data import from any accounting software/enterprise resource planning, location management for location-wise data entry, strong reconciliation mechanism and analytical MIS reports.
The software would also offer in-built GSTN interaction for return filing, GST rate finder for finding GST rates and codes etc. In short, it would be a blend of law and technology, said Adiya Singhania, deputy general manager, GST, Taxmann. With the partnership with BSNL, Taxmann plans to capture 60% of market share in Telangana and Andhra Pradesh in the next six months, he said.
User-friendly software
The core focus of One Solution would be to enable users to manage their entire GST compliance from within the software in a simplified, timely and user-friendly manner to meet the different needs of the corporates, SMEs and tax professionals.
Sujata Venkateswaran, Principal General Manager (Finance), Telangana Circle, BSNL, said using the software, even a small businessman with little IT skills can ensure GST compliances on his/her own. The entrepreneurs would not have to depend on any CA or tax expert for filing returns under the GST regime. The service would benefit the remotely-located small traders, shopkeepers and SMEs across India.
The BSNL customers can avail the service by logging on to the BSNL’s official website www.bsnl.co.in and clicking on the GSP service under GST tab. Of the list of four GSPs displayed, a customer can choose and click on any one of the GSP as per his/her choice and start availing the service by providing basic information like name, BSNL phone no. and email address, they said.
