Bodhtree Consulting Limited, the IT Consulting and software service provider, recently announced that they are entering a strategic partnership with Infosys so as to develop the Application Service Provider (ASP). This is to let the clients of the Infosys to have an option to utilize GSP platform of Bodhtree for filling up their GST.
Reports suggest that ASPs and GPSs (GST Suvidha Provider) will be providing aid to the taxpayers connected to the IT ecosystem for their GST fillings and other compliances related to GST. It has informed that ASPs will focus highly on taking the taxpayers’ raw data on sales and purchases. It will be then further converted into GST compliant returns and these GST returns will be later filed on behalf of the filer with Goods and Service Tax Network (GSTN) via Bodhtree as GSP. It clearly states that ASPs will only be acting as a media between the taxpayers and GSPs.
Bodhtree Consulting Limited broke the silence by commenting on the matter. They said in a statement that the size of the project could be over Rs 200 crore and they are working towards realizing these revenues in the next three years. The statement further stated, “Bodhtree is one of the GSPs in the country, leading the GST readiness from technology perspective working alongside the autonomous GSTN body, and it has made Infosys short list he company as its partner for managing ASP and GSP roles together for their marquee clients. This will take care of their clients’ complete needs under GST.”
The Consulting company also announced another partnership with Stratfit Technologies Pvt. Ltd. Stratfit is a company promoted by the USA-based celebrity trainer and Olympic-certified coach Daniel McKeee, entrepreneur G Vamshi Raju, leading film personality Nagarjuna Akkineni, and senior professional and entrepreneur K Sriram. This is believed to add benefits to both the companies with their growth in the health and fitness business and Bodhtree’s expertise in the IT solution is going to strengthen both the business and the bond.
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