Technology is at the core of GST implementation

Technology is used for tax administration since long in India. Then came online filing of returns which further added to our convenience. With the advent of technology, much of our time and efforts have reduced and accuracy has increased. As Indian Government has already passed the GST Law, almost everything of tax structure will require great digitization. Without technology on your side,  GST implementation and compliance is going to be a tough task.

How will technology help you in GST compliance?

GST is a unified tax which will subsume and replace many indirect taxes. This means that the tax structure will change thoroughly – from tax rates to the method of paying taxes to calculating prices. But the question is why will technology be the driving force in implementation and compliance of GST? How is technology going to help both businesses and government in making their work easier?
The main aims of Indian Government by implementing GST are to reduce tax evasion and simplify tax compliance for tax payers. In the current tax system, government is not able to detect tax evasion and thus faces loss of income too. Also, due to number of taxes and their complexity and cascading effect of taxes, tax payers many-a-times avoid paying taxes. In the prevailing tax system, there are several cases where the government has not been able to detect evasion and loss of tax revenues.


For instance, GST has introduced invoice matching of buyer and seller to reduce frauds and duplications of claims. With millions of tax payers across the country and billions of invoices to be matched every month, the need for a robust technology infrastructure is critical. Doing this manually is a mammoth task.
Not only this, using technology will enable efficient tax administration. Registration, filing of returns, auditing and performance analysis, etc. will be possible with little or no human intervention. GSTN will also make available many other useful features such as offline capabilities, alerting capabilities, mobile/tablet interface, and additional mechanisms to avoid duplicity of data etc.

What’s the next step?

GST is ready to get implemented from July 1, 2017 and will be administered through a common platform – GSTN server. Businesses should do away with manual systems and adopt a GST ready business software to ensure hassle-free and accurate tax compliance. As a business:

  • Realize the impact of GST
  • Understand the need of the hour i.e., GST compliance
  • Adopt and adapt to technology for better compliance
  • Choose wisely a business software to help making this compliance easy

If you are thinking of adopting a GST ready software for your business, we’re here to help.

GST and ERP challenges for SMEs

GST is now a reality. With July 1 approaching, businesses have sped up the changes in their functions and processes. GST is entirely different from the existing complex structure of a dozen taxes. GST will subsume many of these taxes and will be a uniform tax system across the country. This breakthrough restructuring needs setup and skill from both sides, the ERP implementing partner and businesses.


ERP is not just an accounting system. It is everything – from manufacturing to sales to marketing to customer service. Businesses now find it difficult to go without ERP for even a day. With the new GST law on the way, business owners will now have to integrate the new taxation system in the form of GST with their existing ERP system.
Many industries in the country have already switched or are in progress of switching to Global ERP platform-Microsoft Dynamics ERP. For many of them, implementing the new ERP system was a struggle as their people were not ready for this big change in their working style. Much training and involvement by the partners were required to make them accustomed with this change. While there were few hurdles, the thrust and positivity of top management led to the success of the system.

GST impact on SMEs

Big organizations might already have their plans made as they have abundant resources to help them. This change will be an issue for SMEs as they lack resources – IT, finances and people to guide them through. Furthermore, clarity issue is adding anxiousness and confusion. For implementing GST in the business, adoption of digital technology seems imperative. Before SMEs could adopt GST, they need proper IT hardware and software infrastructure. Keeping cost proposition in mind, adoption is going to prove costlier to them. Intech’s aim is to make your businesses GST Ready with affordable pricing and minimal efforts.

Retail SMEs seek two-month extension window for GST compliance

How is Intech helping?

Intech is ready with GST roll-out in Microsoft Dynamics ERP. To make GST transition successful and smooth for our customers, we conducted GST readiness seminars for them. We’re also conducting an event on ‘GST Readiness with Microsoft Dynamics ERP’ to make these SMEs aware about GST, its implications and how adopting ERP will make their lives simpler.
How you should be ready for GST? Which business processes need changes? How Microsoft Dynamics ERP will help you in smooth transitioning to GST? Have any such GST related questions? We’ve answers. Just let us know.

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