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BFSI sector is one of the largest services sectors in India. Banks had hoped that implementation of GST (Goods & Services Tax) will be under centralized registration. Butnow, Banks are required to register in each state and hence the challenge for banks under GST is to:
Under GST, there are two types of Sales invoices for GSTR1:-
The return which has been created on the ASP Application, it will be submitted to GSTN Server with the Help of GSPINDIA GSP GATEWAY (as a gateway for pass-through access) as Trust Systems & Software (I) Pvt. Ltd., which is Authorized GSP appointed by GSTN.