The Indian GST regime comes into effect from 1st July 2017, requiring every business taxpayer to report GST collected and paid at least three times on a
monthly basis if annual turn over is more than Rs.5 crores and or quarterly if annual turn over is less than Rs.5 crores . With state based registration and cost centre for state based assessment, it will be challenging for business to comply with their current system as desktop software and its upgrades generally are not built to accommodate the required digitalisation process for data matching and or automatically apply multiple tax rates for intra states (SGST), inter states (IGST) & union territories (UTGST) along with central tax (CGST) obligation at the same time handling the frequent changes in government policies and guidelines evolving GST.