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Average Ratings 0 Ratings
Description
GST, or Goods and Services Tax, is an indirect tax designed to create a unified market across India. This tax is applied to the supply of goods and services from the point of manufacture all the way to the end consumer. Ultimately, the consumer only pays the GST charged by the final seller in the supply chain, benefiting from setoff at each prior stage. This taxation system aims to eliminate various overlapping taxes like excise, CST, VAT, and service tax that are currently imposed at different stages of the product lifecycle. As products progress through multiple transfers from production to the final sale, GST will be applicable at each point, establishing it as a multi-stage tax. Additionally, ERP (Enterprise Resource Planning) software plays a crucial role in providing structured management solutions for the diverse resources within an organization. By integrating these systems, businesses can streamline their operations and enhance efficiency in managing obligations under the GST regime.
Description
We created GarmenTech specifically for garment manufacturers in India, acknowledging that the country ranks as the second-largest garment producer globally. The majority of these manufacturers are small to medium enterprises operating in an unorganized sector. Following the introduction of GST, we developed a specialized GST accounting software tailored to the needs of the garment industry. GarmenTech GST accounting software was designed to alleviate the challenges associated with extensive paperwork and intricate accounting processes. Our software caters to ready-made garment manufacturers in India, offering a comprehensive suite of GST accounting functionalities. A unique aspect of the garments sector is that the GST rates are dependent on pricing, which complicates the calculation of various GST rates based on product prices. However, GarmenTech addresses this issue through automation, ensuring that the tax rate is calculated automatically based on the net price after any discounts are applied. Consequently, users of our software can manage their tax calculations with ease and without the hassle of worrying about varying price-based tax rates, streamlining their accounting process significantly. This innovation not only simplifies compliance but also empowers manufacturers to focus more on their core business operations rather than on tax complexities.
API Access
Has API
API Access
Has API
Integrations
Gmail
Microsoft Word
Yahoo Search
Pricing Details
$94.42 one-time payment
Free Trial
Free Version
Pricing Details
$40.47 per year
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Digit24 GST
Founded
2015
Country
India
Website
www.digit24.in/gst/
Vendor Details
Company Name
Zubizi Web Solutions
Founded
2017
Country
India
Website
zubizi.com/garmentech.html
Product Features
GST
GST Accounting
GST Billing & Invoicing
GST Compliance
GST Inventory Management
GST Reporting
GST Tax Credits
GST Tax Filing
Product Features
GST
GST Accounting
GST Billing & Invoicing
GST Compliance
GST Inventory Management
GST Reporting
GST Tax Credits
GST Tax Filing