Ambicon Management Services: Delivering Ultimate GST Compliant Services

Smita Gangopadhayay,  General Manager Projects Division

Smita Gangopadhayay

General Manager Projects Division

Kolkata based Ambicon Management Services is the brainchild of Hirak Sen Sharma, who has over 20 years of experience in Sales and Marketing. Hirak has worked in managerial role in different MNCs and Indian companies like Pentasoft,Ingram, Micro, Descon Limited. During his working tenure in different organizations, he observed that the service sector in India was growing at a fast pace and this sector required emerging startups that are customer oriented. This could create more employment opportunities for the educated youth. Considering this, he zeroed in upon forming a company that would promote empoyment and provide value added customer services. This marked the beginning of Ambicon.

An Array of Services
The introduction of GST initially created a lot of discomfort among the SMEs; the main reason being the non familiarity of businessmen with tax matters and also complete technology orientation of GST Operation. Ambicon perceiving this well, has developed a wide range basket of services for GST Compliance for SMEs. Some of
these include, Monthly GST Return Filling for Regular Tax payers, Quarterly GST Return Filling for Composition Dealers, SAHAJ & SUGAM Return Filling for Small tax payers in the new Return Filling Process, Quarterly GST Return Filling for Regular Tax payers, Annual GST Return Filling for all tax payers, GST Bill preparation, Input Tax Reconciliation with supplier on a regular interval, Regular MIS on Suppliers defaulting Return filling, Maintaining GST related data for all customers in a secured manner,E-Way Bill generation on requirement, Professional Guidance and advise related to Managing GST and utilizing the same for the benefits of the Business, Door to Door Service for GST Return Filling for collection of Documents and delivery of GST Return copies and other relevant documents irrespective of location and distance.“Our way of operations is what gives an edge over the others. While the other providers provide only a platform where customers are required to enter their transaction details and then the file their GST Return, we offer door to door services. Our personnel collect the bills and transaction details from the business premise of the customer and their execution team interacts with the customer about the GST issues,” informs Hirak.

Besides, the company is also engaged into Data Processing and management and is mostly for Local Urban bodies or municipalities in West Bengal. Ambicon, at present works for 30 Municipal bodies of West Bengal and provides diverse services for their requirement of managing pension holder data. “We have also began offering Social Media Marketing service to SMEs for
promoting their products and services in Social media for the growth of their business,” he mentions.

The Journey
Currently, Ambicon caters its services to 100+ purely SME organizations and number is growing. The company in FY 2018-19 has registered a turnover of 41.00L and in the recently concluded FY 2018-19 has got an unaudited turnover of 65L. The YOY growth percentage is therefore more than 50 percent and the unaudited profit percentage is 30 percent of the turnover. The manpower strength from 10 has grown to a team of 25.

Soma Nath
Manager–Strategic Business Division

The team has already developed a mobile app (CELLTAX) for GST Compliance Services which enables the customers to upload their invoices in the app and get the copies of their filed GST returns and other required reports with no extra cost. “We believe that app will be a game changer for SMEs and they will remain 100 percent tax compliant with no additional resources requirement,” conclude Hirak, on a positive note.