GST will be implemented in India from 1st July 2017, this will completely change the taxation system of India, GST will replace most of the indirect taxes in our system and merge them into one. Though GST presents a huge amount of challenge to businesses. , for a well prepared organization it can be an opportunity to review their supply chain and IT system. GST is a completely different taxation system, our current way of tax calculation and reporting are not adequate. Here are areas where IT system and ERP can be helpful in dealing with upcoming challenges.
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