Switching to GST Transition With Confidence - KPIT · Central Sales Tax Service Tax State VAT ......
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[email protected] GST (Goods and Services Tax) is going to be a path breaking indirect tax reform of independent India. The tax reform will bring together the entire country as a single market. GST, a destination based tax regime will help consolidate and simplify several indirect taxes prevalent at state and center level. This will broaden the tax base as well as bring in more transparency in indirect tax collection across the country. KPIT Solutions to smoothly migrate to GST Transition to GST GST change will mean of lot of IT readiness and connectivity across the geographies. KPIT brings ready offerings to help our customers sail through the transition smoothly. We bring together an end-to-end offering, right from GST consulting with our expert partners who have more than 6 decades of experience in the field of tax consulting, KPIT’s vast experience in SAP in India geography to handle the changes in the SAP systems and tie up with ASP/GSP to handle the last mile services related to tax returns filing and reconciliation. State GST (SGST) Central GST (CGST) Integrated GST (IGST) Excise Duty Central Sales Tax Service Tax State VAT Luxury Tax Other Local Taxes Entry Tax Entertainment Tax IMPACT ASSESSMENT ▪ Assessment of GST impact on business ▪ Suggestion on process improvement areas IMPLEMENTATION PLAN INTEGRATION WITH ASP/GSP ▪ Integration with ERP & ASP/GSP systems ▪ Workflow configurations GST Switching to GST Transition With Confidence ▪ Assess impact areas in SAP ▪ Make sandbox system ready ▪ Check system pre-requisites for GST implementation Prepare ▪ Configuration changes in sandbox ▪ Process testing on sandbox Explore ▪ Configuration & testing in Dev ▪ Impact/Regression testing ▪ Open item conversion testing Realize ▪ Master data conversion ▪ Open item conversion ▪ Go live & Support Deploy
Transcript of Switching to GST Transition With Confidence - KPIT · Central Sales Tax Service Tax State VAT ......
GST (Goods and Services Tax) is going to be a path breaking indirect tax reform of independent India. The tax reform will bring together the entire country as a single market.GST, a destination based tax regime will help consolidate and simplify several indirect taxes prevalent at state and center level. This will broaden the tax base as well as bring in more transparency in indirect tax collection across the country.
KPIT Solutions to smoothly migrate to GST Transition to GST
GST change will mean of lot of IT readiness and connectivity across the geographies. KPIT brings ready offerings to help our customers sail through the transition smoothly. We bring together an end-to-end offering, right from GST consulting with our expert partners who have more than 6 decades of experience in the field of tax consulting, KPIT’s vast experience in SAP in India geography to handle the changes in the SAP systems and tie up with ASP/GSP to handle the last mile services related to tax returns filing and reconciliation.
State GST (SGST)
Central GST (CGST)
Integrated GST (IGST)
Excise Duty
Central Sales Tax
Service Tax
State VAT
Luxury Tax
Other Local Taxes
Entry Tax
Entertainment Tax
IMPACT ASSESSMENT
▪ Assessment of GST impact on business▪ Suggestion on process improvement areas
IMPLEMENTATION PLAN
INTEGRATION WITH ASP/GSP
▪ Integration with ERP & ASP/GSP systems▪ Workflow configurations
GST
Switching to GSTTransition With Confidence
▪ Assess impact areas in SAP▪ Make sandbox system ready▪ Check system pre-requisites for GST implementation
Prepare
▪ Configuration changes in sandbox▪ Process testing on sandbox
Explore
▪ Configuration & testing in Dev▪ Impact/Regression testing ▪ Open item conversion testing
Realize
▪ Master data conversion▪ Open item conversion▪ Go live & Support
Deploy
KPIT’s ready tools and accelerators to ensure faster and predictable conversion to GST
Cost & Time
Affordable solution with predefined scope
Go-Live with GST in just 8 – 12 weeks
Tools and Accelerators
KPIT Value Propositions▪ Over 6 decades of tax consulting legacy▪ Strong SAP product expertise▪ Strong domain expertise▪ Strong India localization expertise▪ GST Subject Matter Expertise ▪ Tie up with leading tax advisory firm▪ Project Management toolkit▪ Master data migration automation toolkit▪ Cut-over data migration automation toolkit▪ Post implementation compliance review & support▪ Tie-up with ASP/GSP for single window experience▪ Ready available connectors to ASP/GSP systems
10900 Employees | 1900 SAP Consultants | 400 Projects Executed | 350 SAP Customers
About KPIT
Technologies for a better world
Copyright © 2017. KPIT and its logo(s) are trademarks of KPIT Technologies Limited. All rights reserved. All other logo(s) used are trademarks of their respective owners.
KPIT (BSE:532400, NSE: KPIT) is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy & Utilities and Life Sciences companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener, more intelligent world that is sustainable and efficient.
[email protected] | www.kpit.com
SAP UPGRADE/TAXINN
MIGRATION
GST IMPACT ANALYSIS
COLLABORATION WITH
ASP/GSP
SAP GST
IMPLEMENTATION
Guided Configuration
for GST
Master Data Migration
toolkit
Open ItemMigration
Toolkit
Project Toolkit
ASP/GSPConnectors
Ready to use Reports
& Forms
Pune, Mumbai, Bengaluru, Chennai, NCR
LOCATION
