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Skip to content Main Menu * Home * GST SolutionsMenu Toggle * Cygnet ASP GSPMenu Toggle * Annual Returns GSTR-9 * E-way Bill Solution * GST Managed services * E-invoicing Solution * Bulk Signing Solution * Cygnet TRACE * Infrastructure & Support * Tax Tech SuiteMenu Toggle * GST Compliance Score * Cygnet ACE * Cygnet FAMEMenu Toggle * Cygnet FAME BSA * Cygnet Compliance Tracker * Cygnet FACE * Cygnet Vendor Portal * R7VAT * Tax Tech International * ResourcesMenu Toggle * Blog * GST Notifications * Success Stories * News & Events * E-Books * Webinars * CompanyMenu Toggle * About Us * GST Suvidha Kendra * Our Clients * Contact WHERE TECH MEETS TAX Embrace Automation & Stay Compliant GET IN TOUCH Check your GRC Score STAY UP-TO-DATE ON GST AND TAX TECHNOLOGY MANUAL RECONCILIATIONS IN THE AGE OF TECHNOLOGY: IS IT REQUIRED? October 28, 2021 INVESTIGATIONS UNDER GST October 22, 2021 GLOBAL TAX TECHNOLOGY SERVICE PROVIDER: AN ANSWER TO YOUR DESPAIRS October 20, 2021 VENDOR PAYMENTS: NOT SO SIMPLE UNDER GST October 14, 2021 EXPLORE MORE GET READY FOR E-INVOICING WITH CYGNET E-INVOICE APPLICATION ERP INTEGRATION Seamless data flow from ERP to Cygnet Solution with reverse integration of IRN & QR code to ERP AUTOMATION Choice between multiple ways of integration-Enriched API, SFTP, Pass-through API or manual excel upload E-INVOICING Data validation of the payload and management of the connectivity to IRP including invoice registration and cancellation RECONCILIATION 3-way Reconciliation between E-invoice, ANX-1 and E-way Bill. Direct vendor communication from ANX-2 for mismatch errors Get In Touch TIMELY GST COMPLIANCE FOR ALL BUSINESSES End-To-End Solutions to Stay Compliant ASP GSP SOLUTION An award winning solution for GST returns preparation, validation and returns filing. The solution offers intuitive dashboard with multiple reports/stats followed by auto validation of GSTN in invoices. E-WAY BILL SOLUTION Solution for generating and managing e-way bills for organizations and transporters.Integrate your ERP with our E-way bill solution for a real time E-way bill number generation and synchronize it back with your ERP. GSTR-9 & 9C The solution automates & digitize GSTR-9 tax return preparation. It auto populates various fields based on previous returns filed. Make the necessary changes as per Auditor’s recommendations. VENDOR PORTAL Powerful solution that reconciles vendor invoices for accurate ITC claims and smooth payment processing. The solution provides 2 way reconciliation based on expense register and govt. portal. FACE ACCOUNTING A GSTN approved accounting system which helps you create GST complaint vouchers, reconcile bank transactions, generate reports, sign digitally and file GST returns. GRC SCORE An advance credit assessment solution for Banks, NBFCs & Corporate's using GST data. GST returns compliance score can be calculated based on your filing trends. CHECK YOUR GST RETURNS COMPLIANCE SCORE GRC Score is a rating calculated based on the returns filing trends of a company. A high score indicates timely compliance. A low score might indicate cashflow or working capital management issues. The score can be used by Banks for loan assessment, managing loan portfolio and by corporates for vendor assessment. GET YOUR SCORE WE MAKE TECHNOLOGY WORK FOR EVERYONE C CORPORATES Multiple tax dates? Hundreds of forms? Get enterprise-grade tax solutions and prevent your accounts department from going crazy. Learn More S SMES Sales tax is not easy, even at smaller scale. Transition to smarter accounts with Cygnet GSP solutions designed just for SMEs and reconcile with taxes. Learn More T TAX CONSULTANTS Cygnet GSP solutions can be your virtual tax assistant to manage multiple clients, file returns and store data under single user account. Learn More P PARTNERS Join the thriving taxation consultancy business! Set up your own business with Cygnet GST Suvidha Kendra (GSK) with all GST-related services. Learn More WITH YOUR CHOICE OF IMPLEMENTATION Cloud Solutions API Solutions On-site Solutions 3 MORE REASONS WHY YOU SHOULD CHOOSE CYGNET GSP Cygnet GSP integrates and automates all your tax calculations, filings and returns, as per latest GST norms within a matter of few minutes. Here are a few more reasons to choose us! Integrated solutions Safe and secure 24x7 by your side WE COULD TELL YOU MORE, BUT A VIDEO SAYS IT BETTER Play Video CHECK OUT OUR SUCCESS STORIES 1. 2. 3. 4. A COMPLETE AUTOMATED SOLUTION FOR GST RETURN FILING FOR A LARGE PRIVATE BANK Learn how we implemented our solution at a large private bank with over 120 GSTIN numbers and how automation brought a significant relief to their tax team... Read More A COMPLETE AUTOMATED SOLUTION FOR GST RETURN FILING FOR A RETAIL GIANT The Case Study is about a large retail brand who was running SAP and faced challenges at multiple levels while filing GST. By automating the process, we brought a smile on the faces of their tax team... Read More AUTOMATED E-WAY BILL SOLUTION FOR AN INTERNATIONAL BRAND OPERATING WORLDWIDE IN PERSONAL & HEALTH CARE PRODUCTS The case study is about an international brand operating world wide as a market leader in the segment of personal & health care products. Read how Cygnet E-way bill solution integrated with their SAP system and helped in multiple reconciliations... Read More ROBOTIC PROCESS AUTOMATION HELPS A PHARMA GIANT SPEED UP ITS GST COMPLIANCE PROCESS Learn how Cygnet helped a Pharma Giant in their data management and increased their accuracy by 99% with Robotic Process Automation... Read More CHECK OUT OUR SUCCESS STORIES " Learn how we implemented our solution at a large private bank with over 120 GSTIN numbers and how automation brought a significant relief to their tax team. Know More… " " The Case Study is about a large retail brand who was running SAP and faced challenges at multiple levels while filing GST. By automating the process, we brought a smile on the faces of their tax team. Know More… STAY UP-TO-DATE ON TAX TECHNOLOGY MANUAL RECONCILIATIONS IN THE The advent of GST in the country has underscored the importance of tax technology. Multiple ASP and GSP solutions are Read More INVESTIGATIONS UNDER GST The GST law, like most of the other countries, is based on self-assessment. Nonetheless, tax evasion and frauds are still Read More GLOBAL TAX TECHNOLOGY SERVICE In the last couple of years, the digitization of tax functions has rapidly grown across the globe. More and more Read More VENDOR PAYMENTS: NOT SO Introduction The heading of this blog – ‘Vendor Payments’ might intrigue the readers as to what is not so simple Read More IMPACT OF GST ON Taxability of charitable trust Charitable trusts, religious trusts and Non-Governmental Organizations (NGO) are entities, the objectives of which are not Read More POWERS OF THE GST All laws, whether taxation or otherwise, grant certain powers to officers which enable the officers to execute the law in Read More THE STRATEGIES THAT CFOS As per a recent study, global RPA (Robotic Process Automation) software revenue is forecasted to reach $1.89 billion in 2021. Another Read More SOLUTION TO A HIGHER Introduction In another attempt to convince the taxpayers to file their Income Tax Returns or ITR, the Central Board of Read More UNDERSTANDING THE DUAL MODEL In the year 2000, India first dreamt of the GST law. However, it took eight years for the Indian Government Read More IS GST KILLING THE Gold is very crucial to the Indian culture and the value system of the country. It is not only an investment means in India but Read More CYGNET INFOTECH PRESENTS: “TAX With the quest to dig deeper into the tax and technology and discover the "Whats, Whys and Hows", Cygnet Infotech Read More FRAUDS IN BANKS: HERE’S Banks and financial institutions constitute the backbone of any economy. The rise and fall of any economy are largely dependent on Read More IMPORTANT FEATURES TO HAVE GST software simplifies the GST filing process and makes it easier for many businesses. The software has a wide range Read More IMPACT OF THE ABOLITION A recent change in GST in the Finance Bill 2021 is the removal of the requirement of the GST Audit Read More ANNUAL AGGREGATE TURNOVER ON What is annual aggregate turnover? Annual Aggregate Turnover (AATO) is a significant variable in the GST regime. It is the total annual Read More COMPENSATION CESS UNDER GST The Goods and Services Tax (GST) Act, 2017 provides for a mechanism to compensate the states for the revenue loss Read More IMPACT OF GST AND Background India is known for its diverse ecology, terrains and natural beauty coupled with its rich multi-cultural and historical heritage. Read More HOW TO PREPARE FOR Soon after the introduction of e-Invoicing from October 2020, the GSTN had begun auto-populating the GSTR-1 returns with the details Read More G-7 TAX DEAL AND Introduction The G-7 is a group of seven countries including the USA, the UK, Canada, France, Germany, Japan and Italy. Read More CLAIMING GST INPUT TAX Seamless availability of Input Tax Credit (ITC) is the highlight of the GST regime. For any tax regime, the flow Read More IMPACT OF GST ON India is among the top five retail destinations of the world and one of the fastest-growing too! The sector contributes Read More IMPACT OF GST AND Introduction The Indian real estate sector is one of the most prominent sectors – both in terms of value and employment Read More GOODS AND CONVEYANCE IN TRANSIT - INCLUSIVE REFORMS The tax laws have several penalties prescribed for non-compliance or violating the laws. One such penalty that indirect taxes have Read More HOW TECHNOLOGY CAN ASSIST Background Before the GST regime, Indirect taxes in India were extremely complex and intricate. There were multiple levies governed by varied laws Read More IMPORTANCE OF VENDOR AUTOMATION Why vendor compliances have gained importance over the period? Historically, during the erstwhile regime, the Input Tax Credit (ITC) of Read More GST AUDITS: THE ROAD What is an audit under GST law? An independent examination of books of accounts of an organization by an expert Read More CONFISCATION OF GOODS AND Each law has penal and corrective provisions which ensure and encourage taxpayers to adhere to the legal provisions in their entirety. However, Read More TDS: NEW PROVISIONS ON Introduction The Indian Government in the last few years has been actively trying to formalize the economy by adopting various measures. Read More E-INVOICING: AN ANSWER TO Introduction The advent of GST in India has taken the country to the ranks of many developed nations in terms Read More DYNAMIC QR CODE FOR Introduction The buzz word in the B2C space today is ‘Dynamic QR code’. After the recent momentous launch of e-Invoicing in the Read More DIGITAL BANKING & ROAD Introduction The digitisation of the financial sector began in the early 90s when Automated Teller Machine (ATM) and Electronic Fund Transfers (EFT) were Read More ACCOUNTS & RECORDS UNDER GST is a self-assessment regime wherein taxpayers are required to assess and deposit tax themselves. Periodical returns are required to Read More EXPORTS – RECENT AMENDMENTS Exports Under GST Export of goods and services are given preferential treatment and benefits across the globe in the form Read More EVOLUTION OF FINTECH: JOURNEY Financial Technology or Fintech are innovations such as software, mobile applications, or algorithms that bring together the business owners and Read More BANK STATEMENT ANALYSIS: CRUCIAL Introduction A bank statement is the summary of the inflows and outflows of any particular account holder during the specified Read More PROVISIONAL ATTACHMENT OF PROPERTY Provisional attachment of property is a legal term which essentially means seizing or blocking property including bank accounts of an Read More THE SHIFT FROM AUTOMATION People want to be better with every passing day and grow (personally and professionally) to lead a better lifestyle. It’s Read More FRAUDULENT GST PRACTICES – Introduction India has always been suspected to have a gigantic parallel cash economy which was primarily the reason for tax Read More WHY SHOULD YOU AUTOMATE A question often asked – Why should we automate our purchases or procurements? What’s the need? Instead, we propose that Read More IMPORTANCE OF HAVING A Background Every business has many stakeholders and the importance of each stakeholder is different from the other. One such stakeholder Read More E-INVOICING PHASE III: THE The country is all geared up for its final phase of the rollout of E-invoicing. With effect from 1 April Read More GST OFFENCES AND PENALTIES Every business or taxpayer wishes to be tax compliant. Efficient tax administration helps and encourages businesses to become compliant. Filing Read More TAX DATA MANAGEMENT WITH While a lot of organisations may not consider data management a task for which technology is required, technology when used Read More UNION BUDGET AMENDMENTS FROM "For a USD 5 trillion economy, our manufacturing sector has to grow in double digits on a sustained basis. Our Read More HOW DISCOUNTING PLATFORMS CAN Introduction Trade financing can be understood from dissecting the term itself – Financing a trade. It can be done by Read More FISCAL BUDGET 2021-22: AN Introduction: In a historic budget presented by the Hon’ble FM, Smt. Nirmala Sitharaman, she laid emphasis on the 6 pillars Read More GST AUDIT: TOP 5 While the Finance Minister extended the due date to file GSTR-9 and GSTR-9C for FY 2019-20 from 31st December 2020 Read More INDUSTRY INSIGHTS ON HOSPITALITY The Indian hospitality sector has been witnessing a steady growth from the past few years and was contributing around 7.5% Read More HYPERAUTOMATION: IN DIFFERENT BUSINESS This is our last in the series of three blogs on Hyperautomation. In our first blog, we covered the challenges Read More E-INVOICING BACKWARD INTEGRATION APPROACH While there has been much discussion around issuing E-invoices and the regulatory requirements, the other side of the story remains Read More E-INVOICING: PHASE II AND The next phase of E-invoicing is here! For businesses with a turnover of more than INR 100 crores and less Read More FOREIGN TRADE POLICY Export promotion has always been one of the top priorities of the Government of India. Boosting exports is important as Read More HYPERAUTOMATION – ROLE IN Hyperautomation collates several elements of process automation, integrating tools and technologies that intensify the capability to automate daily and repetitive tasks.Hyperautomation was Read More HYPERAUTOMATION – CONCEPTS & Automation has become the core subject in all discussions, inside and outside of conference rooms. This blog is a part Read More GST CONSTITUTIONAL REMEDIES AND The Indian Constitution is the utmost law of India. It has 470 Articles which are divided into 25 parts. It Read More SIMPLIFY YOUR PURCHASE CYCLE Once E-invoicing becomes applicable to all registered users, it will become an uphill task to keep a track of all Read More SIMPLIFY YOUR PURCHASE CYCLE After successfully launching the first phase of E-invoicing for the businesses with turnover exceeding INR 500 crore, the next phase Read More ADOPTING CHANGES UNDER GST Background India has taken a big leap ranking 63rd in the world in ease of doing business1, which has a Read More E-INVOICING: THE JOURNEY SO Introduction The famous author Stewart Brand once said “Once a new technology rolls over you, if you are not a Read More E-INVOICING FOR FINANCIAL SERVICES Introduction E-invoicing is the new household word in the country which has caused a stir in recent times. The GST Read More ISSUES & CONCERNS PERTAINING Change is the only constant – technology is an invincible tool that has changed our everyday life to an extent Read More ANTI-PROFITEERING India had its first experience with Anti Profiteering provisions when GST came into play in 2017. The idea behind introducing Read More GSTR 2A: BACKGROUND, RETURN GST law seeks to ensure the accurate transfer of input tax credit (ITC) between the states and the parties in Read More TCS ON SALE OF Section 206C (1H) -: TCS on Sale of Goods According to Section 206C (1H), Seller of goods is required to Read More GST RETURNS IN RELATION Job work is a vertical of the business wherein a principal manufacturer can send inputs or semi-finished goods to a Read More E-INVOICING GOES LIVE… BUT Amidst a lot of speculation, the Government has decided to go ahead with the E-Invoicing implementation for certain specified persons. Read More LIABILITY TO PAY TAX While the ultimate burden of an indirect tax is to be borne by the consumer, under the Central Goods and Read More GST & E-INVOICING IMPLICATION Electronic Commerce or E-commerce is a business transaction wherein the selling and purchasing happen over an electronic platform or the Read More DEEMED EXPORTS AND ZERO-RATED Exports are incredibly important to modern economies because they offer businesses many more markets for their goods. One of the Read More LEVY OF CESS UNDER GST known to be One Tax – One Nation is a combination of Integrated GST, Central GST, State GST, and Read More CONCEPT OF DEMANDS & GST is levied on any taxable outward supplies by a person. The complete responsibility of calculation, chargeability, and payment of Read More LETTING OUT THE ITC Sigmund Freud, the father of psychoanalysis once said “History is just new people making old mistakes”. While it can be Read More GOVERNMENT NOTIFIES REVISED E-INVOICE Government has notified e-invoicing schema (FORM GST INV-1) and the applicable threshold for the mandatory generation of e-invoices. The details Read More GOVERNMENT REJECTS SANITIZING GST Background A common sight these days is people carrying small handy bottles of sanitizers everywhere they go; the magic potion Read More UPCOMING CHANGES ON GST Important changes which have been proposed in the GST returns in order to make it more user friendly and to Read More GST INTERESTS AND PENALTIES For any law to be effective, it is important that persons should comply with the legal requirements specified in the Read More EVERYTHING YOU NEED TO The provisions of Income Tax Act, 1961 require every person making a payment to a Non-Resident or to a foreign Read More TDS AND TCS UNDER The concept of TDS and TCS is familiar under Direct Tax Laws. TDS is a mechanism for advanced collection of Read More GUIDE ON APPEAL AND Appeals under any law is an application to a higher court for a reversal of the decision of a lower Read More TYPES OF REFUNDS & Inverted Duty Structure Deemed Export Penultimate Supply Provisional Refund Cases In Which Refund Claim Can Be Withheld Claim For Unutilized Read More TYPES OF REFUNDS & Usually when the GST paid is more than the GST liability, a situation of claiming GST refund arises. Under GST, Read More EVERYTHING ABOUT REVERSE CHARGE The concept of Reverse Charge Mechanism was introduced in the erstwhile Service Tax laws. Generally, the tax mechanism follows a Read More ASSESSMENT & AUDIT UNDER Assessment in GST is mainly focused on self-assessment by the taxpayers themselves. Every taxpayer is required to self-assess the taxes Read More A GUIDE ON ANNUAL GST is one of the biggest reform in the tax regime, is considered as the most volatile tax law which Read More SMOOTHEN YOUR VENDOR MANAGEMENT Vendor Portal Overview A vendor portal is a system that helps you manage and stay connected with your vendors in Read More ALL YOU NEED TO Electronic Way Bill (E-Way Bill) is a compliance mechanism wherein by way of a digital interface the person causing the Read More READ ABOUT ALL THE Under the GST Regime, businesses are required to maintain various accounts and records for ready verification by an authorized GST Read More KNOW MORE ABOUT GST GST registration applies to all individuals and entities supplying goods or services in India. The Ministry of Finance has simplified Read More VALUE OF SUPPLY UNDER GST is a destination-based tax levied on supply. As per the charging section of GST (Section 9 of CGST Act), Read More EXPLORE THE CONCEPT OF A distinguishing factor of GST from the earlier Indirect Tax Regime is that GST is a Destination-based tax. This means Read More ALL YOU NEED TO GST is required to be paid by the taxpayer on the basis of the time of supply of goods or Read More JOB WORK- PROCEDURE & Job work is very lucrative and most commonly pursued business in the Indian Economy. This led to the requirement of Read More EXPLORE MORE ABOUT COMPOSITION The objective of the composition scheme is to bring simplicity and to reduce the compliance cost for the small taxpayers. Read More KNOW ALL ABOUT INPUT GST enables a seamless flow of Input Tax Credit (ITC) on all goods and services procured for providing outward supply Read More UPDATES ON NOTIFICATIONS ISSUED This article contains the understanding and implications of the notifications issued on 23rd March to give the effect of the council Read More KNOW YOUR SUPPLIER The GST Council held its 39th Council Meeting on 14th March 2020 in New Delhi headed by the Union Finance Read More ALL YOU NEED TO Presently the Indirect tax system in India is a multi-point tax system where tax is levied only on value addition. Read More RETURNS FILED UNDER GST In this article, we will discuss the returns required to be filled by various types of taxpayers under the GST Read More EVERYTHING YOU NEED TO Making India Digital, a young yet dominant campaign of the Government is focusing on empowering the country digitally and improving Read More A GUIDE ON NEW In this article, we will discuss the wave of developments in the GST regime proposed under new returns and as Read More REVIEW ON CYGNET GSP Ever since E-invoicing was announced by the Govt. there have been a lot of discussions and confusion in the industry Read More HOW BUSINESSES CAN USE Before entering in the Year 2020, automation was already the talk of tax town. In fact, approximately 112 countries across Read More GST RETURNS COMPLIANCE SCORE According to a recent RBI Financial Stability Report, the gross non-performing asset ratio of banks may increase to 9.9 percent Read More E-INVOICING – ALL YOU *The information covered in our blog might change as per the new notifications from the government. You can drop an Read More WHY CYGNET GSP IS The market is loaded with GST software providers. But how many have the capabilities of reducing your work and making Read More NEW E-INVOICE SYSTEM UNDER E-invoicing has been in discussions for a while. Several approaches were proposed by the GST council for feedback from the Read More PRIMARY REASONS WHY CORPORATES GST (Goods & Service Tax) has been the biggest tax reform in India since the Independence of the country. There Read More NEW GST RETURN SYSTEM The GST council recently announced the new return system for taxpayers in its 31st Council Meeting. In May 2019, they Read More DIGITAL TRANSFORMATION, A NECESSITY An epic shift has already started in the Businesses Finance function. Taxation is transforming from paper-based to completely digital, right Read More HOW NEW-AGE TECHNOLOGIES WILL For over five decades technological innovation has frisked an important role in driving transformation across multiple industries and everyone is Read More TOP 4 REASONS WHY We are in the 21st century, where automation is something every industry or department demands to speed and ease the Read More 5 FEATURES TO LOOK The E-way bill system of generating an Electronic Waybill for every transport of goods of value more than Rs 50,000 Read More 9 FEATURES A GSTR Filing of the first GST Annual returns is long overdue and the industry is waiting to file its very first Read More WIN YOUR FREEDOM FROM What is it that a smart CFO would want when it comes to managing GST compliances? It would be everything Read More GST GOING ONLINE, DIGITALIZES GST is already 2 years old and we have seen a major shift in the way taxes are filed in Read More HOW TO CLAIM ACCURATE Input Tax Credit – ITC, is a tax credit that can be claimed against the taxes paid on the inputs Read More WHAT SHOULD A PERFECT GST has brought with it a system of invoicing that requires details of a sale or purchase transaction in a Read More UNBOXING THE NEW SIMPLIFIED GST has launched the new simplified return forms in the form of an offline utility for trial by taxpayers, which Read More 7 FEATURES TO LOOK GSTR 9C filing is a few weeks away with the due date to file Annual Returns postponed to 31st of Read More IMPORTANT THINGS TO KNOW E-way bills under GST have replaced the traditional system of delivery challans as proof of transport of goods from one Read More NEW GST RETURNS: SAHAJ The new GST simplified Return forms launched by the CBDT are of 3 types. Sahaj Return forms, Sugam Return forms Read More 10 THINGS TO REMEMBER GST Audit is a mandatory thing for all those whose turnover crosses the threshold of 2 CR in a year. Read More CELEBRATING 2 YEARS OF GST celebrated its second birthday on 1 July, 2019 and we have more than one reason to cheer. The two Read More INVOICE REFERENCE NUMBER AND *The Govt. has come up with new E-invoicing mechanism, the below content was written earlier. Kindly refer to our new Read More GSTR 9C AND CYGNET What is GSTR 9C? GSTR 9C is a reconciliation statement between the GSTR-9, the Annual return of GST and the Audited Read More CYGNET GSP – YOUR The market is full of GSPs that provide you with GST return filing solutions. However most of the solutions lack Read More GST COMPLIANCES AND THE GST regime has completed more than a year, and the journey has been eventful, with multiple changes made time and Read More HOW TO PREPARE FOR GST is a system of taxation where taxpayers pay tax based on self-assessment and file the returns on their own Read More GSTR 9 FILING MADE Annual Return filing has been the topic of discussion with the date of filing approaching fast. GSTR 9 – Annual Read More DIFFERENT TAX CLASSIFICATIONS UNDER Goods and Services Tax, the biggest tax-related reform in the country was implemented to eliminate the cascading effects of taxes Read More HSN AND SAC CODES The HSN Code (product coding system) and SAC (service coding system) pave way for a systematic GST scenario. The Harmonized Read More DOCUMENT GENERATION MODULE OVERVIEW GST aims to bring about uniformity in the manner documents are prepared and circulated to make sure that they have Read More HOW HAVE E-WAY BILLS As per the GST requirements, transporters need to carry E-way bill with them while transporting goods in case of inter-state Read More GSTR FORMS AND THEIR GST is already 1.5. years old and there have been many challenges as well as changes in the law and Read More DIGITAL SIGNING MADE EASY We now a days require a signature on every document with the world becoming a digital market place and especially Read More GST AT 1.5 YRS: Inception GST, which replaced several indirect taxes including VAT, service tax, octroi, excise and more, is already a year and Read More RECONCILING GSTR 1 WITH When it is time to file ITC claims, businesses get busy making sure that the invoices they have filed on Read More SOLVING THE GSTR 2A We have already seen the possible reasons for mismatch in the purchase records and GSTR 2A forms. Here we will Read More SOLVING THE GSTR 2A GST reconciliation is a huge part of the GST returns and a major factor governing the ITC claims. Accuracy of Read More GST: SIMPLIFIED RETURNS FORMAT The key features and the new format of the GST returns were approved in the 28th GST council meeting on Read More SIMPLIFIED GUIDELINES TO FILE GST is a destination based consumption tax which means that revenue will be accumulated from the state where goods/service is Read More THE GST TURMOIL- TO For first time readers, a prologue to this story The GST Turmoil- To Ring IT or Not? FLASHBACK Mr. Kaul the Read More GET THE BALL ROLLING “Strength lies in the small business and they will feel more secure with GST. Consumer and small business will gain Read More THE GST TURMOIL- TO GST has filled my schedules with meetings and more meetings! Day dragged along with discussions about updated tax slabs, analysis Read More THE HOW AND WHY GST – a planned system considered as One Hundred and First Amendment introduced by The Constitution aims at clubbing most Read More COMPLEX RETURN FILING AND With GST roll-out just around the corner, tax-payer’s apprehensions are going off the roof. Complete digitization of GST and complex Read More CHECK OUT OUR SUCCESS STORIES TAX TECH FOOTPRINT ACROSS THE GLOBE Cygnet Infotech Tax Tech provides a combination of products, solutions and platforms catering to indirect tax and related compliances like e-Invoicing, indirect tax audits, compliance tracking across India, GCC, UK, Europe and many other regions to follow. Know More Cygnet GSP, The Last Word on Tax Technology Follow us to stay in touch and get latest updates on our product features, new releases, events and much more... 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