While the entire nation indulges in confusion and chaos over the biggest tax reform, there are online as well as government institutions providing support to the MSMEs in order to adopt GST.
Online business services platform, IndiaFilings launched ‘LEDGERS’, a Goods and Services Tax accounting software specially designed for Small and Medium Enterprisers. The cloud based software offers end-to-end solution that would help the SMEs maintain tax and regulatory compliance. It allows the customer to obtain GST registration as well as file monthly GST return at the click of a button. SMEs in the revenue bracket between Rs 30 lakh to Rs 10 crore can avail the services of professionals. The services can be availed by paying subscription fee of Rs 5,000 annually. According to sources, the company has invested Rs 6.4 crore in the cloud platform. The company also launched a portal on the website to offer free training and educational material on GST to make entrepreneurs ready for the GST.