GST Rules Engine
GST Rules Engine is a highly customizable and modular software that allows you to compute CGST, SGST & IGST. This solution can work as a stand-alone solution or as part of your existing CBS / Tax Payment solution.
GST Computation & Business Rules
The Goods and services tax is a uniform indirect tax levied on all goods and services produced in the country and all goods and services imported from abroad.
- Single uniform indirect tax which will treat India as one market
- Replaces all Central and state indirect taxes like CENVAT, excise, customs, VAT, state excise, etc.
- Enables a benefit to the economy from a single price of a product across the country & more simplified tax system
- Ends the long-standing distortions arising out of the differential treatment of the manufacturing and service sectors
- Enables broadening of the tax base, which will further result in reduction in effective rate of tax