Bangalore based fintech ClearTax, along with Confederation of Indian Industry (CII) successfully concluded a one day GST awareness workshop for businesses on 22nd August, 2019 at Radisson Blu Plaza Hotel in Hyderabad, to educate businesses on the latest changes that have taken place in the world of taxation around New GST Returns, Annual GST Returns and E-way bill.
Shri. J Laxminaryana, Additional Commissioner State Tax, Commercial Taxes Department, Government of Telangana was the chief guest at the inaugural function.
The in-depth GST workshop was attended by over 60 companies from across Telangana. The participants were the CFOs and Finance/Tax Heads where ClearTax detailed out its enterprise product suite to address the customer’s issues related to indirect taxation such as annual GST returns, new GST returns and e-way bill under GST.
The workshop garnered good response from the participants who had doubts on various aspects of E-way bill, Annual and new GST Returns.
Archit Gupta, Founder & CEO, ClearTax said, “GST is both a change in the indirect tax regime and business transformation. Getting ready for such a change in the processes, understanding the new legislation and redeveloping the IT systems for being GST compliant is highly imperative for all stakeholders. This GST awareness workshop would help in better understanding of GST and make compliances easy.”
ClearTax has a range of end-to-end solutions for businesses and individuals to make their GST compliance easier. It has specialized software which understands the GST law and is updated with all the recent developments in terms of compliance regulations. The software uses intelligent algorithms that employ machine learning to match invoices to relevant entries.