Press Release

HGS launches GST Compliance Services as a new business offering

Wednesday, October 4, 2017 | Bangalore

Hinduja Global Solutions Limited (HGS) (Listed on NSE & BSE, India), has launched a new solution providing end-to-end Goods & Services Tax (GST) compliance services to support the needs of corporate clients and business houses across India.

HGS is currently supporting its first client for the solution, a major telecom operator in India, from Noida.  The company will shortly be starting services from Mumbai and Chennai.

Srinivas Palakodeti, Chief Financial Officer, HGS said, “Since GST promotes a One Nation One Market practice, there is a need for organizations to comply with all statutory tax related activities nationally and in each state in line with their scope of operations. Over the years, HGS has developed significant expertise in HRO and F&A services, and supports several top brands globally. We plan to leverage this experience to provide high quality GST compliance services and enable a more efficient tax process for our clients.”

HGS’ GST compliance services offering covers activities such as legal validation of all transactions (based on classification, valuation, place of supply, point of supply, applicability of exemption, reverse charge and GST credits), reconciliation between the books and return; and reconciliation for mismatches with creditors and customers, etc.

Aiming to be a one-stop tax and technology solutions partner, HGS is actively working to increase the scope of F&A services including Tax Shared Services. For GST compliance services, HGS has signed an MoU with Mr. D. Arvind (D. Arvind & Associates LLP,) an ex-KPMG Tax Partner, for collaborating on legal validation activities.

About Hinduja Global Solutions (HGS):

HGS is a leader in optimizing the customer experience and helping our clients to become more competitive. HGS provides a full suite of business process management (BPM) services from traditional voice contact center services and transformational DigiCX services that are unifying customer engagement to platform-based, back-office services and digital marketing solutions. By applying analytics, automation, and interaction expertise to deliver innovation and thought leadership, HGS increases revenue, improves operating efficiency, and helps retain valuable customers. HGS expertise spans the telecommunications and media, healthcare, insurance, banking, consumer electronics and technology, retail, and consumer packaged goods industries, as well as the public sector. HGS operates on a global landscape with over 44,800 employees in 69 worldwide locations delivering localized solutions. For the year ended on 31st March 2017, HGS had revenues of Rs. 3,711 crore (US$ 555 million). HGS, part of the multi-million Hinduja Group, has more than four decades of experience working with some of the world’s most recognized brands.

www.teamhgs.com

For further information, please contact:

Smita Gaikwad                                                                                 Thanuja B M

Hinduja Global Solutions                                                               Hinduja Global Solutions

Smita.gaikwad@teamhgs.com                                                   thanuja.mehgaraj@teamhgs.com