The GST environ in India is administered by the Goods and Services Network [GSTN], a public-private partnership, which is the whole sole IT module and the backbone of the of GST framework. To strengthen and smoothen the interaction between GSTN and the tax payers, the GST Council has identified and approved [under stringent guidelines] 34 organizations in India, termed as GSPs [GST Suvidha Provider]. A GSP basically provides a third party application which acts as a bridge and synchronizes with the tax payer’s existing financial controlling systems [ERP, Accounting Softwares etc.] and the GSTN, thereby easing the process for organizations, to deal with GST.GSPs are equipped with secure GST APIs [Application Program Interface], which actually act as a connector while the third party GST software provides unique and convenient ways from GST registration to GST Return Filing.Masters India is one of the biggest, rapidly growing and the most favored GSP with its rich and secure autoTax, a complete GST Software.

ASPs [Application Service Providers] are third-party entities like GSPs which facilitate the overall GST process for a taxpayer – from registration to returns. These GST returns will then be filed on behalf of the filer with GSTN via the GSPs. ASPs are basically a link between the taxpayer and the GSP to provide GST Return Filing. All the GSPs can act as ASPs but an ASP cannot be a GSP. Masters India is one of the biggest, rapidly growing and the most favoured GSP + ASP with its rich and secure GST software, autoTax, a complete GST Compliance Solution.

Masters India is one of the biggest, rapidly growing and the most preferred GSP + ASP with its rich and secure GST software, autoTax, a complete GST Compliance Solution for GST Return Filing and Reconciliation.

Here are a few major benefits that autoTax GST Software offers:

• Seamless integration with all leading ERPs (SAP, Oracle or Navision)
• Import sales and purchase data from ERP, Excel or Accounting Solution
• Helps to claim 100% Input Tax Credit by reconciling GST Returns.
• Handles all business and business unit using a single login.
• Helps in creating GST compliant invoices.
• Multi-layer user creation.
• Supports creation of suppliers, customers and items directory.
• Looks after all the invoices which have imported with duplicity flags such as uploaded/not-uploaded.
• Three-layer validation to eliminate every human error.

Here is the list of user who can choose autoTax GST Software:

• Enterprises
• Small and Medium Businesses
• CAs, Tax Consultants and Accountants

AutoTax GST Software is a cloud-based software and accessible from anywhere at any time. You need to just sign up using your email-id and choose the plan you want to subscribe based on your requirement. Once, your subscription is activated you will be able to get started. For the uninterrupted use of autoTax GST software you just need a proper internet connection.

Generally, a business will be required to furnish 3 monthly returns and 1 annual return. That means every business will have to file 37 returns in a financial year. However, there are separate returns for the following taxpayers:

• Composition scheme dealers
• Input Service Distributor
• TDS Deductors
• TCS Colletors