Cygnet Infotech nominated for GST Suvidha

Cygnet Infotech has been recently nominated as one of the leading technology providers for GST (Goods and Services Tax) – Suvidha.  Touted as the biggest reform in the Indian 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 & 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 basis of eligibility criteria and moved through the second round of qualifications 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.

Niraj Hutheesing, of 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 the aspects of business operations in the country. We have progressed to the next stage of acquiring a GSP Licence, and with this accomplishment we aim to be the major technology solution provider.” He 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 the top three finalists for “Best Software Company” and “Best ICT Managed Service Provider” by GESIA in their 9th Annual Awards for Excellence. It is appraised at CMMI Level 3 and has ISO 27001:2013 and ISO 9001:2008 certifications.