DrGrep — simplifies your GST process

Already millions of businesses in India registered for their GSTINs. Under the new tax regime, businesses are ramping up their technology implementations. Some had softwares before, they are upgrading to the new ones. Many didn’t have any — they are brining in new practices to their day to day business operations.

Based on interviewing 100s of businesses and CAs, we have understood following things though:

1. If your business has to get fully GST compliance, your suppliers must be GST complaint as well. Your success truly depends on them. e.g. If they fail to upload their invoices, they sent you, you will never manage to get ITC (input tax credit). That will be followed with subsequent other problems such as late payment of INR100 for every late day, ITC delay due to wrong outward supplier invoices etc.
2. If you are not a trained CA, you better find one who will do the work for you. Time has gone when you just cooked up your books and filed for tax for anything by the end of the year. You cannot do that conveniently any more. Now if your suppliers honestly upload the invoices they sent to you, GSTN (govt tax system) already knows that you are supposed to pay GST for the same goods on their sales. Which means at some point they expect the tax filing from you as well. And if you don’t, you may very well be caught, your GSTIN can get cancelled, your GST Credit can be damaged etc.

This is where come DrGrep platform. If we imagine that both you and your suppliers will be as close as 100% honest on their GST filing, you can expect following benefits:

1. Ask suppliers to send you outward invoices on their issue dates using DrGrep portal. Now you can check what exactly your suppliers have uploaded in GSTN. If they do not upload all the invoices they sent you, you can now check it digitally and inform your supplier about the same. Or you can make the adjustment on your own in GSTN system.
2. You can save all your sales invoices in the same portal in one place. Now you can hand that information over to your CA, and they can upload those invoices to GSTN system in a weekly basis. Since your CA now has access to your sales and purchase invoice data, they can always check your GST health in a regular basis. No more paper bills transfer, manual data entry into your quirky accounting system.

The fun part of all is that you can do all of that from your mobile as well. You can now manage all these things on the move, and your CA can check on your GST health in a regular basis. No more waiting for the last day upload, slow GSTN system on the final day, wrong data upload by your suppliers, and many more. Do not forget, if your suppliers do not upload the right information, either you have to do their work on your own, or you will miss out your savings in the form of ITC (Input Tax Credit). And as a business, you want neither of them. So act quickly. Join DrGrep and bring your suppliers in the network as well.