Explorer

Adaequare selected as GST Suvidha Provider by GSTN

New Delhi [India], Sept 25 (ANI): Adaequare Info Private Limited, a data and product engineering company with specialization in finance and tax transformation, compliance management and e-commerce solutions has been selected as a Goods and Services Tax (GST) Suvidha Provider (GSP) by the GST Network (GSTN).

The company can now have seamless GST integration to facilitate innovative end-to-end-tax and retail solutions for large corporates, mid-range and SMEs, tax practitioners and micro businesses. It is geared to handle more than 100 million invoices per hour, through elastic scaling platform to meet peak demands during last few days of filing on monthly basis.

Udyog Software's parent company, Adaequare successfully qualified itself on the basis of its financial eligibility among the 69 companies that presented their solutions to the GSTN, the nodal agency in charge of the technological infrastructure for the new tax regime in India.

"We are keen to deliver our services as a GSP at the earliest, in addition to providing GST tax technology solutions through Udyog Software (India) Limited to many enterprises including MNC Banks, Logistics and Cargo companies, International and national tax firms, Insurance companies, FMCG and distribution companies. Besides these services, we have already created a benchmark in the industry with an integrated order management, billing and POS solution, which will manage multiple aspects of retail across E-commerce and physical stores," said Pavan Peechara, President of the board and CEO of Adaequare and Director - Udyog Software (India) Limited.

A GSP has to develop technology solution for taxpayers and other stakeholders to help connect to the GST systems for compliance, starting from registration of the entity to uploading of invoice details and filing returns. With Udyog Software's strategic acquisition, Adaequare is a leading application service provider (ASP) and also partners with multiple GSPs to provide cloud-based, GST compliance solutions to business corporations, SMEs and accounting firms.

The company's offerings include enComply, uGST Billing, vuGST, Taxilla, AddTax, Transactor and B2B applications to address various requirements of businesses of different size and nature in India towards GST compliance and migration. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

Actor Govinda Joins Eknath Shinde's Shiv Sena, Likely To Contest From Mumbai North West
Actor Govinda Joins Eknath Shinde's Shiv Sena, Likely To Contest From Mumbai North West
'Any External Imputation Unacceptable': India On US Diplomat Summon Over Kejriwal's Arrest
'Any External Imputation Unacceptable': India On US Diplomat Summon Over Kejriwal's Arrest
Arvind Kejriwal To Stay In ED Custody As Court Extends Remand Till April 1
Arvind Kejriwal To Stay In ED Custody As Court Extends Remand Till April 1
Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
Advertisement
for smartphones
and tablets

Videos

Bihar Lok Sabha Polls 2024: ABP Exclusive With Papu Yadav, MP No Longer Contesting From PurniaVarun Gandhi Pens Emotional Letter To Pilibhit After Being Denied, Says 'Mai Aapka Hu Aur Rahunga'Delhi Excise Policy Case: With CM Arvind Kejriwal's Arrest, Who Will Run The State | Watch ReportLok Sabha Elections 2024: 'BJP Just Wants To Break The Aam Aadmi Party' says Saurabh Bhardwaj

Photogallery

Embed widget