KPMG & HP GST Solution

KPMG in India, in collaboration with Hewlett Packard (HP), introduced an affordable KPMG & HP GST Solution for MSMEs and vendors in which thoroughly addresses the requirements of small firms for quickly transitioning to a GST-compliant business
KPMG & HP GST Solution

Have you considered critical factors to make your system of vendors and distributors GST compliant?

  1. Are you suitably placed to claim the valid tax credit?
  2. Are you equipped to minimise, negate, rectify mismatches for invoicing and other filings across the network?
  3. Can you own the entire GST solution at only a nominal monthly fee rather than a heavy upfront fee?
  1. Can you avoid deploying additional workforce for the process of manual month-end reconciliations?
  2. Where will your finance team find GST support?
  3. Are you sure your entire value chain and ecosystem are GST-compliant?
  4. Is your vendor/distributor/dealer network GST-enabled?

Making your ecosystem of vendors and distributors GST-compliant – KPMG & HP GST Solution

KPMG in India, in collaboration with Hewlett Packard (HP), introduced an affordable KPMG & HP GST Solution for MSMEs and vendors in which thoroughly addresses the requirements of small firms for quickly transitioning to a GST-compliant business.
The solution primarily caters to invoice generation, reconciliation with counter-party details and submission of returns. It can thus be adopted by larger firms also for making their ecosystem of vendors and distributors GST-compliant. The key features of the KPMG & HP GST Solution include:

  1. Generation of GST-compliant documents such as tax invoices, debit and credit notes, advances, etc.
  2. Reconciliation of outward and inward supplies with counter-party details
  1. Filing of GST returns
  2. Hardware, software, connectivity, technology support and GST support though chat, e-mail and on call.

Our value proposition for the KPMG & HP GST Solution

KPMG in India, in collaboration with Hewlett Packard (HP), introduced an affordable KPMG & HP GST Solution for MSMEs and vendors, which thoroughly addresses the requirements of small firms for quickly transitioning to a GST-compliant business. The solution primarily caters to invoice generation, reconciliation with counter-party details and submission of returns. It can thus be adopted by larger firms also for making their ecosystem of vendors and distributors GST-compliant. The key features of the KPMG & HP GST Solution include:

  1. A thorough GST invoicing solution to enable successful adoption of GST
  2. A dedicated helpdesk managed by specialised tax experts to support users on GST-related queries and operational issues, including tax filing returns for twenty four months
  1. Introductory training on day-to-day transactions and GST filing
  2. Vulnerability and Penetration Testing protocols to ensure complete security of users’ sensitive data

For HP and KPMG, building public trust and inspiring confidence are major objectives while developing a solution for their clients. This solution is a bundle of everything that a company needs to smoothly transition from their current tax regime to GST. We are working towards making the solution available to the wider ecosystem to make it GST-compliant and helping companies reduce compliance overheads and reconciliation requirements.

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Key Contact

Abhishek Jain

Partner and National Head, Indirect Tax

KPMG in India