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ERP and Software development companies to gain the most from GST

<p><strong>Nimish Goel, Head Indirect Tax Practice and GST, International Business Advisors</strong></p> <p>&ldquo;GST should bring additional business opportunities to a large IT companies. Software and ERP development companies stand to gain the most since every company now need to overhaul its existing IT/ERP system. Additionally, the GST Council has also come up with the concept of GST Suvidha Providers (&lsquo;GSP&rsquo;) who will act as mediators between taxpayers and Government.&rdquo;</p>

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ERP and Software development companies to gain the most from GST

Nimish Goel, Head Indirect Tax Practice and GST, International Business Advisors

“GST should bring additional business opportunities to a large IT companies. Software and ERP development companies stand to gain the most since every company now need to overhaul its existing IT/ERP system. Additionally, the GST Council has also come up with the concept of GST Suvidha Providers (‘GSP’) who will act as mediators between taxpayers and Government.”