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ClearTax launches Quick GSTR-9 for speedy filing - GST Station

ClearTax launches Quick GSTR-9 for speedy filing

ClearTax launches Quick GSTR-9 for speedy filing

    It has a specifically tailored reduced version of ClearTax’s 5-point checklist to help a faster review for a CA.

    BANGALORE: Bangalore based fintech platform ClearTax, has announced a Quick GSTR-9 product for GSTR-9 compliance. This product is tailored for less complex businesses to help them finish filing in under 10 minutes. It can populate GSTR-9 return form using the GST portal’s auto-computed GSTR-9 summary and the data from GSTR-3B filed by the business; resulting in a 5x productivity improvement as compared to the portal itself.

    GSTR-9 is a complex return form, and tax consultants are struggling to put together the information required for their clients. Since the deadline for GSTR-9 is fast approaching, businesses and tax practitioners are pressed for time to finalize their GST returns. They need to focus on current financial year compliance as well. Simpler businesses have fewer transactions and their filing should be simple and less complex. To help consultants file GSTR-9 quickly and leaving more room for compliance for complex businesses

    It will fill more tables in GSTR-9 form than what the portal can do and it also has a checklist that can be used to do a fast review. ClearTax is also offering its other intelligent features in the Quick GSTR-9 product. It has a specifically tailored reduced version of ClearTax’s 5-point checklist to help a faster review for a CA.

    Speaking at the launch Archit Gupta, Founder and CEO, ClearTax, in a statement said “This was the outcome of our interactions and work with CAs and tax consultants, who expressed the desire to have a fast and easy product for filing of businesses which were not complex. They wanted that the results should also be quickly verified. Our checklist helps in making sure data prepared is accurate. It is helping CAs manage their time and resources better.”

    Source- Economic Times.

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