ProcurePulse
KYC for businesses can be done in ProcurePulse.
ProcurePulse ensures compliance to Governmental regulations regarding supplier KYC.
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Supplier KYC Verification
CIN & DIN: The Ministry of Corporate Affairs is an Indian government ministry primarily concerned with the administration of the Companies Act 2013 and maintains details on all incorporated companies.
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GSTIN: Goods and Services Network (GSTN) assigns a unique GST Identification Number (GSTIN) to businesses operating within a state or Union territory. It acts as Identity verification, operational status, business information etc.
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TAN: TAN is essential for those responsible for tax deduction (TDS) or tax collection (TCS), ensuring compliance with tax regulations. It can be used to verify Tax compliance, business validity, risk assessment etc of the businesses.
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PAN: PAN of the business provides insights into the business's financial transactions, industry classification, and regulatory adherence, aiding risk assessment and decision-making during business relationships.
GST & TDS Returns
Businesses are required to generate GST-compliant invoices, set off liability against available input credit, file GST returns, and reconcile sales and purchase ledgers. Non-compliance can lead to interest and penalties.
ProcurePulse can fetch status of supplier's return filings and verify transactions.
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Suppliers have to deduct TDS from payments that are liable for TDS Deduction at an appropriate rate, deposit TDS to the Government before the due date and file TDS Returns.
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ProcurePulse can fetch status of supplier's TDS return filings and verify transactions.
ProcurePulse Supplier Portal
ProcurePulse uses technology to manage manual, repetitive and labour intensive tasks in the procurement process. It helps to speed up the procurement lifecycle, reduce errors, and save costs.
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Connect with Us
Experience seamless communication with ProcurePulse through our dedicated contact feature. ProcurePulse is committed to providing top-notch service, and your communication is a crucial part of our ongoing commitment to excellence. Click the button to connect with us and explore the world of efficient procurement solutions.