SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.

Blog

bonaz_apital_GST_07_April

Reliance and SAP Launch ‘SARAL GST’

Reliance Corporate IT Park Limited (“RCITPL”) – a subsidiary of Reliance Industries Limited today announced that it has signed a Memorandum of Understanding (MoU) with SAP SE (NYSE: SAP) to launch ‘SARAL GST’ solution for taxpayers in the GST regime.

The offering will enable taxpayers to be GST compliant and smoothly access the Government’s GST System, once GST is rolled out from July 1, 2017. SARAL GST will leverage the expertise of RCITPL as GST Suvidha Provider (GSP) and SAP as Application Service Provider (ASP).

SARAL GST presents a value proposition for taxpayers focused around simplified operations, unified support and high quality of service, enhanced with scalability and security. As a GSP, RCITPL will connect ASPs to the Government’s GST system through Jio MPLS network. SAP, in its role as ASP, will enable taxpayers to effectively create, manage and file GST Returns in a simple, safe and seamless environment.

Reliance Corporate IT Park Limited (“RCITPL”) is a subsidiary of Reliance Industries Limited and caters to the in-house IT needs of the Group.