ClearTax will now be able to offer a gateway to taxpayers for GST filings and e-way bills through direct API integration with the network.
Bengaluru-based tax online filing platform ClearTax has been selected as a GST Suvidhaa Provider by the GST Network (GSTN), which manages the technological infrastructure for GST filings.
ClearTax will now be able to offer a gateway to taxpayers for GST filings and e-way bills through direct API (Application Programming Interface) integration with the network.
The company said that the licence will enable ClearTax to run all technology layers inhouse and build the infrastructure that delivers speed and reliability to its customers, which includes chartered accountancy firms, large enterprises, and small and medium enterprises.
ClearTax is planning to provide intelligent APIs for any business filing on their own and provide developers a platform to build other GST applications.
ClearTax’s GST business already supports 600,000 businesses, more than 1,000 large enterprises and 60,000 chartered accountants in filing GST returns for businesses of all sizes.
With the launch of New GST Returns, the number of users and their needs from the platform are expected to increase, according to the Y Combinator-backed entity.
Source- ET Tech.