Get In Touch
  • Fb-icon
  • Top-linkdin
  • Top-twitter
  • Rss
March2024 h 104x80.jpg
Current Issue

animation-neutral-tts-300x100' width='300' height='100' border='0

SAAS-based GST solution for manufacturing launched

By Niranjan Mudholkar,

Added 28 June 2017

Aims to ease payment of indirect tax for manufacturing units in India

Ratan Tata-backed B2B e-commerce marketplace Moglix has announced the launch of ‘Green GST' - a SAAS-based GST application solution for manufacturing units across India. Aimed at improving transparency and digitization in the manufacturing space, the tool will provide organisations with end-to-end Goods and Services Tax (GST) compliance support.

The Green GST solution will be offered free of cost for a 30 day trial period to a user or companies with turnover below USD 4 Million. Post the trial, if the user is willing to continue, they will have to bear a subsidized costs related to GST Suvidha Provider (GSP) transaction. The cost will be valid for up to 2400 invoices a year for a single user. The solution has been developed to make supply chains of manufacturing units GST complaint ahead of the law implementation on July 1st, 2017.

Green GST leverages Moglix's expertise in digitizing supply chains, especially those of manufacturing units. It is a feature-rich solution for filing of GST, reconciliation of invoices, maintaining dashboards for multiple plants and warehouses, and managing taxes for various locations and cross-border trading.

Moglix will extend its existing commerce eco-system to consolidate small vendors, and create a compliant atmosphere for manufacturing units to operate in.  This comes on the back of Moglix's GST filing solution introduced in December 2016 to allow mid-to-large-sized manufacturing companies file and reconcile their GST payments with the Goods and Services Tax Network (GSTN).

(Continued on the next page)

comments powered by Disqus