Monday, 10 July 2017

GST readiness: EY launches helpdesk to ease transition for small firms

GST, goods and services tax

Tax consultancy firm EY has launched a GST helpdesk for small businesses wherein they can post their queries on the new indirect tax regime online.

EY GST Helpdesk is driven by a pool of indirect tax professionals powered by over 800 GST practitioners across 14 cities.

The facility would be available for free to small businesses, traders and entrepreneurs to achieve a seamless transition to GST and queries can be posted on EY India Tax Insights App, DigiGST website and EY_India on Twitter.

"This facility will help in enabling a smooth transition for smaller businesses and traders across the country," EY India Chairman Rajiv Memani said.

Businesses are in the midst of ensuring GST compliance and they have to align their software systems as per the GST requirement as well as adapt themselves to the new return filing and invoice generating format.

"We believe this helpdesk will be of great help to small entrepreneurs and help them realise the benefits of GST," EY India National Tax Leader Sudhir Kapadia said.

Goods and Services Tax (GST), rolled out from July 1, unifies 17 different taxes like excise, service tax and VAT and will transform India into a single market for seamless transfer of goods and services.

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