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'GST will bring unorganized trade under the taxation system'

Sanjeev Arora, Chief Executive - Digital Services, WeP 

GST Suvidha Provider will enable the taxpayers to connect to GSTN systems for uploading invoices, GST return filing for outward register, inward register and monthly returns. GSP gateway will also be an interface between multiple Application Service Providers (ASPs) and GSTN. A GSP is required to create a robust, seamless, secure, scalable infrastructure for tax payers and ASPs to connect to GSTN. 

WeP has developed multiple solutions to provide GST services in India. WeP has built a robust GSP infrastructure which will be an interface which between multiple Application Service Providers (ASPs) and GSTN. This GSP gateway is highly secure and scalable where ASPs can connect and offer seamless services to its customers. WeP has also built its own ASP platform for large, medium and small enterprises. This ASP platform provides many value added services to taxpayers in terms of dashboards, work flow solutions, reconciliations, input tax calculations, alerts & notifications, e-sign etc. for filing returns. These solutions will enable enterprises to seamlessly file their returns and be compliant on time.
In addition to this, WeP has a strong presence in servicing unorganized sector through its own designed billing solutions/POS devices. WeP has now developed India’s first and the only “GSTReady Device” which will enable small retailers/traders/outlets to do manage their business in terms of bill generation, purchases & inventory management, cash management as well as help them file GSTreturns seamlessly and make their life easier. These GST ready devices are wi-fi connected to ASP platform and uploads invoices and prepare GST formats automatically. This will be a huge benefit to unorganized sector which is struggling to understand GST and how to comply with this new tax regime.

GST is not only seen as a tax reform but as a business transformation. The new tax regime will throw many opportunities for businesses to create new processes to improve efficiency and productivity. WeP has been conducting many seminars at regional levels to spread awareness of GSTacross the country and connecting with the tax payers to explain the compliance solutions.

WeP has a multipronged strategy to address GST market in India. It has developed solutions for ASPs, Large and Medium enterprises and Micro enterprises through it’s GST ready devices.