SAP India will offer localized solutions which have the Indian tax functionalities integrated within the business process to help companies transition to Goods and Service Tax (GST).
SAP laid out its plan to address GST legislation and showcased solutions that will equip Indian enterprises to provide transparency and effective management practices to support their tax compliance requirements.
The SAP GST India Forum in Delhi, designed to assess the impact GST would have on the business processes across various industries, was attended by 450 organizations and 1500 participants.
The localized SAP GST solutions are designed to provide organizations with transformational opportunity by
# Providing common infrastructure and services including document and file management as per Central and State Government guidelines
# Building interfaces with tax payers and tax administrators by leveraging SAP’s global experience
# Implementing and setting standards for providing common GST solution for corporates