Lighthouse ERP Offers GST Enabled System

Lighthouse9024 May, 2022Business

With the Indian Business houses and Corporate sector coming to terms with GST regime, there are several concerns raised by Industry in the face of challenges faced by them. Most have welcomed the move in spite of changes in tax rates. The impact expected will be across the board (for all players in the Industry), thus creating a level playing field. GST Challenge Accepted Lighthouse Info Systems had come up with the GST solution in its design long back, based on their previous experience with GST taxation in Singapore and Malaysia. But the design schema still needed fine tuning to various scenarios due to last minute policy; Now they have robust systems that can handle transactions for domestic sales and exports , generation of debit notes, credit notes, advance receipt and Input Service distributor related transactions.