The Institute of Chartered Accountants of India will be conducting GST-related conclaves throughout the country for member as well as non-member Chartered Accountants.
Tally Solutions, the premier Indian software company, will support the initiative as technology partner. The theme of the conclave will be based on Information technology in GST – Enabler or necessity.
The sessions aim to highlight how the use of right technology will help CAs manage GST compliance for themselves and their clients in a smooth and efficient manner. The first of these events was held last month in New Delhi.
GST is widely acknowledged as a taxation regime with technology as its backbone. Right from registration, to billing, filing and even payment of taxes are happening online facilitated by a business system. Under such circumstances, businesses need to adopt this new way of managing their transactions and compliance.
Chartered accountants are being banked on by them to help them with the same. In addition, the change in the tax structure has brought with it its fair share of challenges for the CA community. These conclaves have been designed to equip Chartered accountants with knowledge on how technology can solve their existing problems and enable them to serve their clients effectively.