Goods & Service Tax Implementation

Goods & Services Tax is a comprehensive, multi-stage, destination-based tax that will be levied on every value addition.

The Government of India is trying to reduce the complexity of this current system and introduce GST into pace. GST is nothing but Goods and Service tax which will be implemented in India at several levels such as CGST (Central GST), SGST (State GST), etc., which will be replacing the existing VAT, CST, excise tax, service tax, etc. It will affect the Tax Structure, Tax Incidence, Tax Computation, Tax Payment, Compliance, Credit Utilization and Reporting leading to a complete revamp of the existing indirect tax system.


Now, it has become inevitable for the companies- small or big to transform themselves to become GST compliant. Migration and encapsulation of operations, processes and systems of businesses in their new IT system is a daunting task and needs much groundwork and planning beforehand so that complying with GST Law becomes an easy victory. Microsoft Dynamics will help you in complying with this to-be-implemented GST Law.

GST implementation will mainly impact master data, transactional data, reporting data, financial data, contract relating data and tax computation. Apart from these, the new/customised ERP solutions deployed by organization for accommodating GST, must possess significant features which will allow migration from current tax regime to GST thereby ensuring seamless transition of indirect tax systems in any organization. Thus, making it a necessity for companies to understand the GST policy development and its implication to various scenarios and thereby preparing a transition roadmap.

Microsoft Dynamics AX: It’s ready for GST, are you?

Microsoft Dynamics AX is now ready with changes related to GST for India. Goods and Services Tax, commonly known as GST, is an integrated indirect tax which will replace and subsume all other indirect taxes on goods and services currently prevailing in our country once it comes into effect later in 2017.

To support the new regulation, Microsoft has updated Microsoft Dynamics AX 2012 R2 and Microsoft Dynamics AX 2012 R3 to support the new GST business processes . To help you understand the incorporation of new changes in the enterprise resource planning (ERP) tax framework, Microsoft has released the India GST Public Preview package for AX 2012 R2 and AX 2012 R3.

Microsoft Dynamics NAV

Microsoft has released GST patches in latest versions of Dynamics NAV – Dynamics NAV 2012 R3 and Dynamics NAV 2016. With GST, your ERP system will need an upgrade too. If you’re still on older versions of NAV.

We started our ground work early on GST as we knew it was coming! We mastered the installation challenges, understood and learnt the new tax engine and capabilities and started having conversations with our customers early on. We are already underway for the roll out of GST for many of our existing customers and they are delighted with the progress so far. We are extremely confident of a successful rollout of GST in Dynamics NAV for all our customers

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