This document provides information about GSTplus.com and their plans for providing services related to the Goods and Services Tax (GST) in India. It summarizes their experience building tax filing solutions, estimates that 10 million taxpayers will need to file GST returns, and outlines their proposed multi-layered solution involving GSTN, GSPs, and ASPs like GSTplus to enable taxpayers to file returns through various tools.

1. GSTplus.com
end-to-end GST eco-system

2. We are shaping the future of GST. Today.
GST is going to simplify the current system of tax and we are making it simpler
for you by building an end-to-end GST eco-system.

3. Mission statement:
Be the preferred tax
and compliance
service provider

4. About

5. Promoters
● Started with blessings of Late Shri S.C. Yadav (IRS) by Saakar Yadav in
1998.
● Flagship product - TAXHELP - a database of judgments relating to
Income-tax - is now being used in a Government project.
● Speaker in various e-governance seminar on eTDS, Digital Signatures,
eReturn of Income-tax, MCA etc.
● Promoters have recently bought back shares from TV18 and Jagran.

6. Milestones
January 1998
TAXHELP
March 2004
eTDS
May 2006
e-Return of Income-tax
June 2007
myITreturn
Sep 2015
NJRS
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
Oct 2016
GSTplus.com

7. Our brief experience
● We have developed the pilot Return Preparation Utility (RPU)
for GST pilot. This was developed for NSDL e-Gov to test the
GST pilot system.
● We own and manage the Central Data Processing Centre
(CDPC) of National Judicial Reference System (NJRS). A
project under the Income-tax Department, Ministry of
Finance, Government of India. (In consortium with NSDL
e-Governance Infrastructure Ltd.)

8. Our brief experience - 2
● The first Income-tax return in India was filed using our
software. We had developed this software for the Income-tax
Department. The then Hon'ble FM had filed the Income-tax
return of Tata Consultancy Services (TCS) using our
software.
● We are registered e-Return Intermediaries of the Income-tax
Department for filing of Income-tax Return. ​

9. Our brief experience - 3
● We presently help over 1.5 million users calculate, pay and
file their tax return using our website https://myITreturn.com.
● We also help over 200,000 users calculate, pay and file their
tax return using our mobile App for Android and iOS.
Interestingly, users also have an option to use our services in
over 9 Indian languages and English. (Hindi, Gujarati, Marathi,
Tamil, Telugu, Kannada, Malayalam, Bengali and Punjabi)

10. Our brief experience - 4
● We assist over 40,000 professionals and companies for
various compliance solutions
● We had started the Certified Filing Centre (CFC) under the
Ministry of Corporate Affairs (MCA). We are registered
service provider under MCA for XBRL filing.​

11. Our brief experience
● We provide eTDS return software to over 5000 professionals
and corporate.
● We provide Annual Information Return (AIR) software to track
high value transactions.
● We have earlier provided softwares to professionals relating
to Fringe Benefit Tax (FBT) and Banking Cash Transaction
Tax (BCTT). Both these tax returns are now abolished.

12. Business Verticals

13. Business Verticals
B2C
myITreturn
(Tax Prep)
B2B
STACOS
(Skorydov Tax And Compliance
Office Solutions)
Lexlegis / LexNews
(content business)
B2G
NJRS
(National Judicial
Reference System)
a project of the Income-tax
Department, GoI
in consortium with NSDL

14. myITreturn
Authorised e-Return Intermediary of the Income-tax Department:
● Over 1 million users
● Only vernacular support
provider
● App based filing also

15. Vernacular

16. Bank Grade
Security
Security+ MFA
MFA adds extra security because it
requires users to enter a unique
authentication code generated by the
Google Authenticator App installed on
an approved authentication device
(your smart phone) when they access
myITreturn website. The Google
Authenticator App generates a six digit
numeric code based upon a
time-synchronized one-time password
algorithm. The user must enter a valid
code from the App installed on their
smart phone to login on to
myITreturn.com.

17. B2G - NJRS
National Judicial Reference System (NJRS) has been envisaged as a tool to
achieve efficiency in the tax litigation
process of ITD.
● Efficient Litigation Management
● Tracking and monitoring of Appeals
at various stages
● Reduce disputed demand by
targeting high demand cases

18. B2G - NJRS
NJRS is presently the
● largest appeal repository in the country
● largest Direct tax judgment repository in the country
● largest litigation management solution in the country

19. B2B - STACOS
Products
● TDS Suite
● e-Return of IT for CAs
● XBRL for MCA
● GSTplus
Services
● TDS Outsourcing
● Payroll and Form 16s

20. Customer Reach

21. Corporate and Professional Users
12
Large Corporates Users
Processing, Advisory
and software.
40000
Professional and Corporate
Users
e-Return of Income-tax, Form
16, XBRL, eTDS etc..
75,000
New Targeted
Are being targeted for
GST, Payroll, Lexlegis...

22. GST - Understanding and Plan

23. 8 million
Expected numbers of GST Registered Filers (Tax Payer / Dealers)
The actual number could be much higher

24. Targeted Users - ITR perspective
● Income-tax filers filing returns of the following category:
○ ITR-3
○ ITR-4
○ ITR-4S
○ ITR-5
○ ITR-6
● Some ITR2 filers offering services may be covered but may be a negligible
number

25. Volume of Users
ITR Type Approximate Volume
ITR-3 900000
ITR-4S 8000000
ITR-4 10000000
ITR-5 1200000
ITR-6 800000
Total 2,09,00,000
1. Data as per ITD
2. Return filers could be more because of multiple State returns

26. Assuming 50% of the users are below
threshold..
● approximate 10 million (1 crore) Tax payers will have to
file the return
● Others may still have to register for a GST number and
possibly file an annual NIL (self-declaration) return.

27. State wise breakup

28. GSTN - GSP - ASP - TaxPayer

29. GSTN - GSP - ASP - TaxPayer Layers
GoI
CBEC
GSTN
GSP*
ASP
Tax Payers
GSP GSP
ASP ASP ASP ASP ASP
Non API based access
*GSPs are an intermediate layer that will help ASPs like GSTPlus talk to GSTN.
(e.g. to compare: GSPs will be like TIN FC filing center both online and offline)

30. GSP - ASP - TaxPayer
GSP ASP
ASPs
Tax Payers
GSP ASP
GSP ASP
ASPs ASPs ASPs ASPs ASPs
Tax Payer can access ASPs like GSTplus using web, mobile etc. ASPs will inturn get or
post records to GSTN using GSP.

31. Our Solution
tools
(Web,
Mobile,
Excel,
Offline)
Accounting
softwares
SAP and ERPs
Invoicing
Applications
GSP
appointed by GSTN
2-way integration
GSTN

32. Tool Availability
tool Open Source Codes
Mobile
Offline Application
with scheduled sync option
depending on net connectivity
Web
Open Cloud

33. Register with GSTplus
gstplus.com
Android | iPhone

34. THANK YOU
GSTplus
Skorydov Systems Private Limited
Regd Office:
410, 4th floor, Tulsiani Chambers, Nariman Point, Mumbai- 21
gstplus@skorydov.com