Cygnet Infotech, a preeminent IT solutions provider, has been recently nominated as one of the leading technology providers for GST (Goods and Services Tax) Suvidha.
Touted as the biggest reform in Indian's tax structure, GST aims to eliminate tax barrier between states and create a single marketplace.
GSTN (Goods and Service Tax Network) is building the technological infrastructure for implementation of GST and finalized 34 organizations as GST Suvidha Providers (GSP). Cygnet Infotech, along with other 33 GSPs, including TCS, Ernst and Young, Deloitte, Mastek and more, will offer support and services to help tax payers and businesses in compliance.
GSTN had initially released a list of 48 organizations from over 200 applications received. These companies were shortlisted on the base of eligibility criteria and moved through the second round of qualification by showcasing their technical capabilities. The organizations were verified through a demonstration of a functioning model as a GSP with effective tax payer-oriented services.
Mr. Niraj Hutheesing, (Managing Director) at Cygnet Infotech said, "This is a proud moment for Cygnet Infotech. GST is a game changing reform for the Indian economy which will have a far-reaching impact on almost all aspects of business operations in the country. We have progressed to the next stage of acquiring a GSP License, and with this accomplishment we aim to be the major technology solution provider." Mr. Niraj added, "For over 15 years, we have been committed to empower lives globally through efficient and robust technology enabled business solutions and today, are at the forefront driving significant technological changes in the country."
Cygnet Infotech is amongst top three finalists for 'Best Software Company' and 'Best ICT Managed Service Provider' by GESIA in their 9th Annual Awards for Excellence. Cygnet Infotech is appraised at CMMI Level 3 and has ISO 27001:2013, ISO 9001:2008 certifications.