The Goods and Services Tax is a valid step towards indirect tax reforms, that will combine a large number of Central and State taxes into one tax and prevent double taxation to pave the way for common national market. GST…
We all live in a digital world where many things get obsolete really fast. It’s all about the cloud now because all your data is safe and secure off-site, with 24/7 access, seals the deal for many business owners transforming from…
Goods and Services Tax is an indirect tax that will be levied on goods as well as services. All the existing state and central indirect taxes will be subsumed under these apart from Customs Duties. It will be applicable in…
Goods and Services Tax applied on the acquisition of goods and services can be set off against that payable on the supply of goods or services. The producer or wholesaler or retailer will pay the applicable Goods and Services Tax rate but will claim back…
GST Software Figure out the technical aspects from the point of GST execution and how ERPs will have to realign with Goods and Services Tax law . Here we tell you about the impact on ERP systems, technological readiness you must do…
Managing a bakery is not a easy business, but if you’re a bakery owner you know that the long hours and hard work are well worth it. None other can beats the warm bread, fresh desserts, and satisfied customers that…
Restaurant owners is made to work on a critical budget. Manual calculation and management of all the processes in a retail business are time consuming, and can increase costs due to inefficiency. That’s why Asimot point of sale system can…
Goods & Services Tax (GST) is a direct approach to an indirect tax scheme. The “One Nation One tax” brings several state collected taxes like the (VAT)value-added tax, entertainment tax, sales tax, cess, excise tax, purchase tax etc. The two sections of…
Many states in India currently have their own systems for differentiating goods for tax rate determination. therefore, with the coming Goods and Services Tax (GST) scheme, there’s a desire for more uniform classification – not just on the national level…
Are you losing customers to the nearby supermarket store as because they are more organized, customer friendly and efficient in handling peak hour rush? On having an Asimot Point of Sale system technology and arranging merchandise in orderly way, your…