Noida-based Paytm’s e-Commerce subsidiary, Paytm Mall, on July 5, launched an online store offering a one-stop solution for small and medium businesses (SMBs)to become GST-ready.

The entity has collaborated with Hewlett-Packard (HP) and Lenovo for rollout of the solution for the newly launched goods and services tax (GST) at a price of Rs 47,999 and Rs 19,990 (base price for the solution offered by Lenovo ).

HP’s GST bundle, comprising a laptop, comes with a pre-installed e-Filing solution for GST developed by the KPMG research firm. Apart from this, the ensemble offers also two years of free data service from Reliance Jio, two years of free cloud storage and a free registration and migration service.

Lenovo’s package, available at a base price of Rs 19, 990, provides customised solutions allowing customers to choose between a six-month free subscription of digital service provider Marg’s accounting and ERP software and a 75 per cent discount on iDOS’ cloud-based accounting software. Lenovo’s package will be available to customers opting to pay through the EMI route as well.

Earlier this month, Paytm Mall had launched a comprehensive seller-assistance programme to help merchants become GST-compliant on its platform. The company helped sellers get accessed to GST network (GSTN) numbers.

Currently, over 70 per cent of Paytm Mall’s active merchants is GST-complaint with over 90 million products mapped to HSN codes in preparation for the new tax slabs.

It also offers third-party counselling or advisory services on its seller services platform, besides launching a dedicated GST helpdesk to facilitate direct communication with merchants.

The Paytm Mall has also launched a pre-GST sale that enables around 6,000 retailers in clearing their stocks or inventory in the wake of what is said to be India’s biggest tax reform since independence.

Source: Business Standard