GST Implementation

Is Your Business Ready For GST Implementation?

With the passage of Bill for Goods and Services Tax, India is ushering into new era of taxations and regulatory reforms. The Government of India is committed to bring unified indirect tax structure (GST) which will subsume all the existing indirect taxes levied on goods and services by the Centre and States.

With the passage of Bill for Goods and Services Tax, India is ushering into new era of taxations and regulatory reforms. The Government of India is committed to bring unified indirect tax structure (GST) which will subsume all the existing indirect taxes levied on goods and services by the Centre and States.

  • The implementation of GST will widen the tax base as majority of goods and services will come under tax purview, with minimum exemptions. GST will impact the entire value chain of organizations irrespective of the verticals. GST, as being forecasted, could be a revolutionary reform for the economy. GST will have a far-reaching impact on almost all business aspects e.g. pricing of products and services, supply chain optimization, IT, accounting, and tax compliance systems.

  • Challenges for Organizational Information Technology Systems:
    GST would radically change the modus operandi of the businesses in India and it is imperative that companies should adapt to systems and applications which are GST compatible. At the outset, organizations first need to understand nuances of GST policy and its implications on various business aspects. Subsequently a thorough assessment of aspects like operating models, channels, geographies, systems and applications should be conducted. Assessment should be followed by roadmap creation for organizational transformation towards GST compliance. Successful transformation needs immaculate and proactive planning along with implementation expertise

  • Sail smoothly with AG Technologies in GST journey:
    The transition to GST will be complex and changes in IT systems together with data volume involved cannot be underestimated. AG Technologies has been at the forefront of meeting the GST Challenges. AG Technologies GST solution package comprising of specialized team of experienced subject matter experts, including former government officials – that advises businesses as well as governments on diverse policy issues.

    AG Technologies GST solution helps businesses anticipate policy changes, assess their impact on their operations, and engage in a constructive dialogue with the relevant authorities for remedial measures to address any concerns. Our solution covers the entire process of the organization including Accounts & Finance, Budget, Stock, Multi-branch, Payroll, Assets, Billing & Invoicing, Income & Expenses, Purchases, claims, repair, Inventory, Tax with GST Solution.

    AG Technologies, with its full-fledged bouquet of GST technological and functional services has been working with multiple organizations in India providing GST-Ready ERP Solution across multiple ERP systems and applications across SAP, Oracle, Microsoft etc.

We take complete ownership of functional and technological aspect of GST compliance pre to post implementation keeping your systems GST-Ready ensuring smooth sail through this change.

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Success Stories

 
GST Impl. for Agricultural Engineering Equipment

AG Technologies implements GST functions & project initiative was to implement in a much lower version of SAP System to be used in day to day business operations as per newly introduced GST Act by Government of India...

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GST Impl. for Manufacturing Piping Systems

Implemented GST functions in the system while the Govt. was still coming out with Notifications and clarifications and due to that even the SAP Solution in the form of new GST Notes or revision of existing GST Note...

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GST Impl. for FMCG - Flavors & Colors

AG Technologies maps the existing SAP R/3 system in line with the new tax provisions, to create GST invoices and extract required reports which are in compliance with statutory and regulatory rules suggested by GST council and Government of India...

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GST Impl. Manufactures Chemical Solutions

AG Technologies implements in four locations under three GST Registrations configured in SAP Functions to maintain its edge in a competitive market by making the existing SAP R/3 system GST complaint improving performance and efficiency ...

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GST Impl. for Textile Manufacturers

AG Technologies maps the existing SAP R/3 system in line with the new tax provisions, to create GST invoices and extract required reports which are in compliance with statutory and regulatory rules suggested by GST council and Government of India...

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GST Impl Manufacturer Automotive Components

AG Technologies implements GST functions for Indian operations & One of the toughest challenges was to implement IT systems which are in compliance with ever-changing and dynamic compliance and regulatory rules...

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GST Impl. for Manufacturer Reclaim Rubber

AG Technologies implemented Goods and Service Tax (GST) functions for two location, GST Location, Document numbering, Updating Company Details, State codes, Business Partner, Item Master, GL determination...

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GST Impl. for Fluid Power Engineering

AG Technologies implemented GST functions Domestic sale & purchase (Interstate / Intrastate) of goods & services, Sub-contracting, Export sale, Imports, Reverse Charge Mechanism, Stock Transfer (Interstate & Intrastate-Bill of Supply),etc...

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GST Impl. for Manufactures Paints and Coatings

AG Technologies implemented GST for the Client at two locations which includes all process SAP Functions to maintain its edge in a competitive market by making the existing SAP R/3 system GST complaint improving performance and efficiency...

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GST Impl. Securitisation & Reconstruction - RBI

AG Technologies implemented GST functions for Indian operations in the IT systems which are in compliance with ever-changing and dynamic compliance and regulatory rules as per newly introduced GST Act by Government of India....

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GST Impl for Manufacturer Plumbing & HVAC

AG Technologies implements Configuration of Customer / Vendor Account Group, Pricing Condition, Condition Tables, Pricing Procedure, Pricing Schema, Changes in tax procedures, New Tax Codes, mapping & changes in Process...

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GST Impl. for Global Oleochemical Company

AG Technologies implements SAP GST Functions such as Configuration settings for Screen changes, Implementation of GST Notes, Creation of Tax codes, updating Tax procedure, creating Condition types, creating Business places...

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GST Impl. for Investment Management Company

AG Technologies maps Configuration of GST registration & Business Place settings, Document types, Official Document Numbering (ODN)& tax procedures, mapping of related GL accounts during incoming & outgoing GST invoice postings...

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GST Impl. for Industrial Processing Company

AG Technologies implements SAP GST Functions such as Creation of new GL Accounts, Tax types, Tax Formula, Tax Type Combination & Tax codes,Changes in existing print layout as per GST requirement in PO, GST Tax Invoice, Export Invoice...

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GST Compliance for Rubber Manufacturing Co.

AG Technologies helps our customer to fulfil GST pre-requisites by migrating SAP landscape from TAXINJ to TAXINN procedure. This means a significant change to SAP system in order to support the new tax regime....

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GST Compliance for Chemical Co.

AG Technologies helps our customer to fulfil GST pre-requisites by migrating SAP landscape from TAXINJ to TAXINN procedure. This means a significant change to SAP system in order to support the new tax regime....

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GST Compliance for Textile Co.

AG Technologies helps our customer to fulfil GST pre-requisites by migrating SAP landscape from TAXINJ to TAXINN procedure. This means a significant change to SAP system in order to support the new tax regime....

Read more
GST Compliance for Agriculture Machinery Mfg.

AG Technologies helps our customer to fulfil GST pre-requisites by migrating SAP landscape from TAXINJ to TAXINN procedure. This means a significant change to SAP system in order to support the new tax regime....

Read more
GST Compliance for FMCG Co.

AG Technologies helps our customer to fulfil GST pre-requisites by migrating SAP landscape from TAXINJ to TAXINN procedure. This means a significant change to SAP system in order to support the new tax regime....

Read more
GST Compliance for Automotive Components Co.

AG Technologies helps our customer to fulfil GST pre-requisites by migrating SAP landscape from TAXINJ to TAXINN procedure. This means a significant change to SAP system in order to support the new tax regime....

Read more