Tax Technology

Navigate GST

End-to-end automation and easy management of GST compliances

A PwC India product

Goods and service tax (GST) entails electronic filing of multiple monthly state-wise returns, transaction-level data upload, numerous reconciliations (revenue reconciliation, reconciliation with vendor details uploaded on GST network [GSTN], etc.), and complex tax computation. Hence, it is crucial to leverage the use of technology to manage compliances under GST.

Challenges

Lack of facilities to undertake centralized compliances (like data upload, error correction, save to GSTN and reconciliation) at a pan-India level

Excessive human intervention without automated tax and compliance, and in-built validation checks, minimising opportunities for team augmentation

Limited data insights to stakeholders without automated trend analysis, comparative ratios, exceptions, top and bottom performers, etc.

Manual reconciliation of multiple data sources (GST returns, e-invoicing, and e-way bills)

Why do you need it?

01

Quick transition

No changes required in the existing data templates/ IT systems – transition from an existing service provider within two weeks

02

Vendor communication platform

  • Enables two-way communication with vendors
  • Sends mismatch reports to all the vendors in a single click
  • Real-time alerts for actions/remarks updated by the vendor
03

Pan-India activities

Facility to undertake activities (like data upload, error correction, save to GSTN) at a pan-India level – significant reduction in effort/ opportunity for team augmentation.

04

Robust reconciliation module

  • Start-of-the-art vendor reconciliation module
  • Ability to reconcile up to 80 million invoices in a single recon
  • In-built data science algorithms, 80/20 analysis, etc.

Key Benefits

Navigate GST automates the month-end tax compliance and reporting process, and provides:

  • comprehensive coverage of compliance-related requirements
  • seamless interface with GSTN for uploading or downloading information
  • over 100 data validation checks to ensure factual and legal precision
  • extensive reporting and business intelligence modules to provide relevant insights to concerned stakeholders
  • intuitive dashboards for users with different profiles
  • continuous monitoring of compliance-related requirements to ensure timely completion of mandated processes
  • secure infrastructure
  • access control mechanism to ensure that users only get to see what they are supposed to
  • audit trail for internal and external stakeholders.

Brochure

Navigate GST

Speak with an Expert

Get in Touch

Product Owners

Siddharth Mehta

Partner, PwC India

siddharth.m@pwc.com

Prashanth Agarwal

Partner, PwC India

prashanth.agarwal@pwc.com

Aman Goel

Managing Director, Digital Products Leader, PwC India

aman.goel@pwc.com

You may be interested in

© 2023 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.
Please see www.pwc.com/structure for further details.

The PwC Store uses open source software.