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What is Digit24 GST?

Goods and Services Tax, commonly referred to as GST, is an indirect taxation system aimed at fostering a seamless market throughout India. This tax is levied on the supply of goods and services, starting from the manufacturing stage until the product reaches the final consumer. In the end, it is the consumer who bears the GST imposed by the last seller in the supply chain, while benefiting from the credit available at each previous stage. The primary goal of this taxation framework is to remove various overlapping taxes such as excise, CST, VAT, and service tax that are currently enforced at different phases of the product lifecycle. As goods are transferred multiple times from production to sale, GST applies at each of these stages, thereby establishing it as a multi-tiered taxation system. Moreover, the implementation of ERP (Enterprise Resource Planning) software is essential, as it offers organized management solutions for the myriad resources within a business. By integrating ERP systems, companies can optimize their operations and improve efficiency in handling their responsibilities under the GST framework. This integration not only facilitates compliance but also enhances overall productivity and decision-making within the organization.

What is CompuTax?

The procedure encompasses the calculation of earnings and the respective tax obligations while taking into account various caps, deductions, set-offs, and the capacity to carry over losses. Moreover, it facilitates the automatic fetching of notifications and communications from the Income Tax Department, which are delivered to your email, alongside their effective organization. Users have the ability to easily register and modify their contact profiles, allowing for seamless navigation across different screens. The system permits the automatic transfer of essential master data and pertinent information into future assessment years. Additionally, it offers the capability to set up personalized passwords for each client and supports the generation of passwords in bulk. Users can access both the current and prior year income figures along with their corresponding tax amounts directly on the display. It also keeps track of investment specifics and integrates income from those investments into the income calculations and ITR for the designated financial year. Furthermore, the system allows for the direct importation of balance sheets, profit and loss statements, and computations from CompuBal Software, which streamlines the overall workflow. This multifaceted approach not only simplifies the tax calculation process but also significantly improves the user experience through effective data management and accessibility. By ensuring that all relevant financial data is consolidated and easily retrievable, it empowers users to stay informed and compliant with tax obligations.

Media

Media

Integrations Supported

Gmail
Microsoft Word
Yahoo Search

Integrations Supported

Gmail
Microsoft Word
Yahoo Search

API Availability

Has API

API Availability

Has API

Pricing Information

$94.42 one-time payment
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Digit24 GST

Date Founded

2015

Company Location

India

Company Website

www.digit24.in/gst/

Company Facts

Organization Name

CompuTax

Date Founded

1989

Company Website

www.computaxonline.com/product.htm

Categories and Features

GST

GST Accounting
GST Billing & Invoicing
GST Compliance
GST Inventory Management
GST Reporting
GST Tax Credits
GST Tax Filing

Categories and Features

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

GST

GST Accounting
GST Billing & Invoicing
GST Compliance
GST Inventory Management
GST Reporting
GST Tax Credits
GST Tax Filing

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