"We are in the process of integrating with the application programming interface (API) of GST Network to develop an additional layer through which business entities can file their GST returns," said Archit Gupta, chief executive of Cleartax. "We have already earmarked $2million for it and have committed around $5million to $6million for developing the technology platform. GST Network is developing the technology platform to enable GST collection in partnership with Infosys.Cleartax has been onboarded onto the network as a GSP or GST Suvidha Providers. Thus the technology platform needs to be able to cancel out the two GST components for the entity. "We are developing the application platform for both mobile phones as well as through a browser on desktops.

Source: Economic Times September 12, 2016 08:45 UTC