Filing GST Returns Shouldn’t Be A Hassle
Automate the entire system to Reduce Error & Stay Compliant
Cygnet GSP, the perfect ASP you’ve been looking for
Cygnet GSP offers a gamut of end-to-end GST automation solutions that can solve problems for any size of business
Integration with ERPs such as SAP and Oracle
Bulk Automatic Validation Of GSTIN
Latest GSTR Compliance
E-way Bill Integration
Digital Signature & Bulk Signing
Why should you trust us with your Tax Compliance?
Cygnet ASP GSP solutions are designed by a team of seasoned CAs, GST consultants and IT professionals – where, tax and tech is well taken care of.
- We help connect your business systems to the govt portal
- Improve the efficiency of your indirect tax department
- Keep on selling, we will look into security
- Generate documents and e-way bills that are GST compliant
- Use business reports to view, analyze & track your returns
- 24*7 after-sales support

Features to make your tax compliance easy and efficient
Dashboard and Stats
One-click access to transaction summary, return status, invoices and alerts for quick and easy data management.
Import and Validate
Automatic or manual invoice and user data import option in multiple formats, such as - CSV, JSON, XML, XLS, etc. The imported data and GSTIN can then be validated within the software using sophisticated validation features.
Notifications and Alerts
Email alerts and push notifications for GST returns and status updates.

Invoices and Digital Signature
Quick GST compliant invoice and document generation with digital signatures can be done from within Cygnet ASP GSP solutions.
Audits and Reports
Audit trails to check the correctness of turnover, tax returns and inward-outward transactions to check its compliance with GST, and auto-generated reports with complete summary are readily available.
User and Role Management
Flexibility to add/remove users and define their roles for the system, accessible for all members multiple physical locations.
One Stop Solution For Filing All your Returns

GSTR 1

GSTR 3B

GSTR 4

GSTR 6

GSTR 7

GSTR 8

GSTR 9 & 9C

ITC - 04
Never miss a thing about GST
Stay updated with new taxation norms and rules with our latest blogs on GST and much more.

E-Invoicing: Phase II And
The next phase of E-invoicing is here! For businesses with a turnover of more than INR 100 crores and less

Foreign Trade Policy
Export promotion has always been one of the top priorities of the Government of India. Boosting exports is important as

Hyperautomation – Role In
Hyperautomation collates several elements of process automation, integrating tools and technologies that intensify the capability to automate daily and repetitive tasks.Hyperautomation was

Hyperautomation – Concepts &
Automation has become the core subject in all discussions, inside and outside of conference rooms. This blog is a part

GST Constitutional Remedies And
The Indian Constitution is the utmost law of India. It has 470 Articles which are divided into 25 parts. It

Simplify Your Purchase Cycle
Once E-invoicing becomes applicable to all registered users, it will become an uphill task to keep a track of all

Simplify Your Purchase Cycle
After successfully launching the first phase of E-invoicing for the businesses with turnover exceeding INR 500 crore, the next phase

Adopting Changes Under GST
Background India has taken a big leap ranking 63rd in the world in ease of doing business1, which has a

E-Invoicing: The Journey So
Introduction The famous author Stewart Brand once said “Once a new technology rolls over you, if you are not a

E-invoicing For Financial Services
Introduction E-invoicing is the new household word in the country which has caused a stir in recent times. The GST

Issues & Concerns Pertaining
Change is the only constant – technology is an invincible tool that has changed our everyday life to an extent

Anti-Profiteering
India had its first experience with Anti Profiteering provisions when GST came into play in 2017. The idea behind introducing

GSTR 2A: Background, Return
GST law seeks to ensure the accurate transfer of input tax credit (ITC) between the states and the parties in

TCS On Sale Of
Section 206C (1H) -: TCS on Sale of Goods According to Section 206C (1H), Seller of goods is required to

GST Returns In Relation
Job work is a vertical of the business wherein a principal manufacturer can send inputs or semi-finished goods to a

E-Invoicing Goes Live… But
Amidst a lot of speculation, the Government has decided to go ahead with the E-Invoicing implementation for certain specified persons.

Liability To Pay Tax
While the ultimate burden of an indirect tax is to be borne by the consumer, under the Central Goods and

GST & E-invoicing Implication
Electronic Commerce or E-commerce is a business transaction wherein the selling and purchasing happen over an electronic platform or the

Deemed Exports And Zero-Rated
Exports are incredibly important to modern economies because they offer businesses many more markets for their goods. One of the

Levy Of Cess Under
GST known to be One Tax – One Nation is a combination of Integrated GST, Central GST, State GST, and

Concept Of Demands &
GST is levied on any taxable outward supplies by a person. The complete responsibility of calculation, chargeability, and payment of

Letting Out The ITC
Sigmund Freud, the father of psychoanalysis once said “History is just new people making old mistakes”. While it can be

Government Notifies Revised E-Invoice
Government has notified e-invoicing schema (FORM GST INV-1) and the applicable threshold for the mandatory generation of e-invoices. The details

Government Rejects Sanitizing GST
Background A common sight these days is people carrying small handy bottles of sanitizers everywhere they go; the magic potion

Upcoming Changes On GST
Important changes which have been proposed in the GST returns in order to make it more user friendly and to

GST Interests And Penalties
For any law to be effective, it is important that persons should comply with the legal requirements specified in the

Everything You Need To
The provisions of Income Tax Act, 1961 require every person making a payment to a Non-Resident or to a foreign

TDS And TCS Under
The concept of TDS and TCS is familiar under Direct Tax Laws. TDS is a mechanism for advanced collection of

Guide On Appeal And
Appeals under any law is an application to a higher court for a reversal of the decision of a lower

Types Of Refunds &
Inverted Duty Structure Deemed Export Penultimate Supply Provisional Refund Cases In Which Refund Claim Can Be Withheld Claim For Unutilized

Types Of Refunds &
Usually when the GST paid is more than the GST liability, a situation of claiming GST refund arises. Under GST,

Everything About Reverse Charge
The concept of Reverse Charge Mechanism was introduced in the erstwhile Service Tax laws. Generally, the tax mechanism follows a

Assessment & Audit Under
Assessment in GST is mainly focused on self-assessment by the taxpayers themselves. Every taxpayer is required to self-assess the taxes

A Guide On Annual
GST is one of the biggest reform in the tax regime, is considered as the most volatile tax law which

Smoothen Your Vendor Management
Vendor Portal Overview A vendor portal is a system that helps you manage and stay connected with your vendors in

All You Need To
Electronic Way Bill (E-Way Bill) is a compliance mechanism wherein by way of a digital interface the person causing the

Read About All The
Under the GST Regime, businesses are required to maintain various accounts and records for ready verification by an authorized GST

Know More About GST
GST registration applies to all individuals and entities supplying goods or services in India. The Ministry of Finance has simplified

Value Of Supply Under
GST is a destination-based tax levied on supply. As per the charging section of GST (Section 9 of CGST Act),

Explore The Concept Of
A distinguishing factor of GST from the earlier Indirect Tax Regime is that GST is a Destination-based tax. This means

All You Need To
GST is required to be paid by the taxpayer on the basis of the time of supply of goods or

Job Work- Procedure &
Job work is very lucrative and most commonly pursued business in the Indian Economy. This led to the requirement of

Explore More About Composition
The objective of the composition scheme is to bring simplicity and to reduce the compliance cost for the small taxpayers.

Know All About Input
GST enables a seamless flow of Input Tax Credit (ITC) on all goods and services procured for providing outward supply

Updates On Notifications Issued
This article contains the understanding and implications of the notifications issued on 23rd March to give the effect of the council

Know Your Supplier
The GST Council held its 39th Council Meeting on 14th March 2020 in New Delhi headed by the Union Finance

All You Need to
Presently the Indirect tax system in India is a multi-point tax system where tax is levied only on value addition.

Returns Filed Under GST
In this article, we will discuss the returns required to be filled by various types of taxpayers under the GST

Everything You Need to
Making India Digital, a young yet dominant campaign of the Government is focusing on empowering the country digitally and improving

A Guide On New
In this article, we will discuss the wave of developments in the GST regime proposed under new returns and as

Review On Cygnet GSP
Ever since E-invoicing was announced by the Govt. there have been a lot of discussions and confusion in the industry

How Businesses Can Use
Before entering in the Year 2020, automation was already the talk of tax town. In fact, approximately 112 countries across

GST Returns Compliance Score
According to a recent RBI Financial Stability Report, the gross non-performing asset ratio of banks may increase to 9.9 percent

E-Invoicing – All You
*The information covered in our blog might change as per the new notifications from the government. You can drop an

Why Cygnet GSP Is
The market is loaded with GST software providers. But how many have the capabilities of reducing your work and making

New E-invoice System Under
E-invoicing has been in discussions for a while. Several approaches were proposed by the GST council for feedback from the

Primary Reasons Why Corporates
GST (Goods & Service Tax) has been the biggest tax reform in India since the Independence of the country. There

New GST return system
The GST council recently announced the new return system for taxpayers in its 31st Council Meeting. In May 2019, they

Digital Transformation, A Necessity
An epic shift has already started in the Businesses Finance function. Taxation is transforming from paper-based to completely digital, right

How New-Age Technologies Will
For over five decades technological innovation has frisked an important role in driving transformation across multiple industries and everyone is

Top 4 Reasons Why
We are in the 21st century, where automation is something every industry or department demands to speed and ease the

5 Features To Look
The E-way bill system of generating an Electronic Waybill for every transport of goods of value more than Rs 50,000

9 Features a GSTR
Filing of the first GST Annual returns is long overdue and the industry is waiting to file its very first

Win Your Freedom From
What is it that a smart CFO would want when it comes to managing GST compliances? It would be everything

GST Going Online, Digitalizes
GST is already 2 years old and we have seen a major shift in the way taxes are filed in

How To Claim Accurate
Input Tax Credit – ITC, is a tax credit that can be claimed against the taxes paid on the inputs

What Should A Perfect
GST has brought with it a system of invoicing that requires details of a sale or purchase transaction in a

Unboxing The New Simplified
GST has launched the new simplified return forms in the form of an offline utility for trial by taxpayers, which

7 Features To Look
GSTR 9C filing is a few weeks away with the due date to file Annual Returns postponed to 31st of

Important Things To Know
E-way bills under GST have replaced the traditional system of delivery challans as proof of transport of goods from one

New GST Returns: Sahaj
The new GST simplified Return forms launched by the CBDT are of 3 types. Sahaj Return forms, Sugam Return forms

10 Things To Remember
GST Audit is a mandatory thing for all those whose turnover crosses the threshold of 2 CR in a year.

Celebrating 2 years of
GST celebrated its second birthday on 1 July, 2019 and we have more than one reason to cheer. The two

Invoice Reference Number and
*The Govt. has come up with new E-invoicing mechanism, the below content was written earlier. Kindly refer to our new

GSTR 9C and CYGNET
What is GSTR 9C? GSTR 9C is a reconciliation statement between the GSTR-9, the Annual return of GST and the Audited

CYGNET GSP – YOUR
The market is full of GSPs that provide you with GST return filing solutions. However most of the solutions lack

GST COMPLIANCES AND THE
GST regime has completed more than a year, and the journey has been eventful, with multiple changes made time and

How to prepare for
GST is a system of taxation where taxpayers pay tax based on self-assessment and file the returns on their own

GSTR 9 Filing Made
Annual Return filing has been the topic of discussion with the date of filing approaching fast. GSTR 9 – Annual

Different tax classifications under
Goods and Services Tax, the biggest tax-related reform in the country was implemented to eliminate the cascading effects of taxes

HSN and SAC codes
The HSN Code (product coding system) and SAC (service coding system) pave way for a systematic GST scenario. The Harmonized

Document Generation Module Overview
GST aims to bring about uniformity in the manner documents are prepared and circulated to make sure that they have

How Have E-way Bills
As per the GST requirements, transporters need to carry E-way bill with them while transporting goods in case of inter-state

GSTR forms and their
GST is already 1.5. years old and there have been many challenges as well as changes in the law and

Digital Signing Made Easy
We now a days require a signature on every document with the world becoming a digital market place and especially

GST at 1.5 yrs:
Inception GST, which replaced several indirect taxes including VAT, service tax, octroi, excise and more, is already a year and

Reconciling GSTR 1 with
When it is time to file ITC claims, businesses get busy making sure that the invoices they have filed on

Solving the GSTR 2A
We have already seen the possible reasons for mismatch in the purchase records and GSTR 2A forms. Here we will

Solving the GSTR 2A
GST reconciliation is a huge part of the GST returns and a major factor governing the ITC claims. Accuracy of

GST: Simplified Returns Format
The key features and the new format of the GST returns were approved in the 28th GST council meeting on

Simplified guidelines to file
GST is a destination based consumption tax which means that revenue will be accumulated from the state where goods/service is

The GST Turmoil- To
For first time readers, a prologue to this story The GST Turmoil- To Ring IT or Not? FLASHBACK Mr. Kaul the

Get the Ball Rolling
“Strength lies in the small business and they will feel more secure with GST. Consumer and small business will gain

The GST Turmoil- To
GST has filled my schedules with meetings and more meetings! Day dragged along with discussions about updated tax slabs, analysis

The How and Why
GST – a planned system considered as One Hundred and First Amendment introduced by The Constitution aims at clubbing most

Complex Return Filing and
With GST roll-out just around the corner, tax-payer’s apprehensions are going off the roof. Complete digitization of GST and complex