VAT and Domestic Excises Management System

Supports all VAT management needs and other domestic taxes

Product Overview

MicroClear’s VAT and Excise system is very elaborate and provides for exercising audit-based controls as well as movement-based controls. It incorporates advanced concepts of ‘compliance measurement’ and segregation of clients based on their behaviors, allowing to develop appropriate strategies for managing compliance for needs of various sectors.

VAT

Integrated with risk management and transaction processing, and provides an end-to-end monitoring and reporting mechanism.

Integrated Tax management

VAT

Domestic Excises

MicroClear® Excise suite manages the Excise transactions of Locally Manufactured Goods, as well as collection of Excise at import stage. The standardized operations performed in Excise Suite include managing the Excise Declarations, Movement of Excise Goods, Permit for Excise processes, Purchase/Usage/ Dispose of material and intermediary goods in Excise sector.

VAT & Domestic Excises Management

Functionalities