BIZCore

Disclaimer

Version 1.0 | Last Updated: March 27, 2025


Important Notice


Please read this disclaimer carefully before using BizCore™ and BizCore Pro™ ("the Platform"). By using the Platform, you acknowledge that you have read, understood, and agree to this disclaimer.


1. Software Assistance Disclaimer


1.1 Tool, Not Replacement

The Platform is a business management and compliance assistance tool. It is designed to help organize, calculate, and manage business operations, but it does not replace professional judgment or expertise.


1.2 Automation Limitations

While we strive for accuracy in all calculations and processes, automated systems may contain errors or may not account for all circumstances specific to your business.


2. No Guarantee of Tax Accuracy


2.1 Calculations

Tax calculations provided by the Platform, including but not limited to:

  • **For India**: CGST, SGST, IGST calculations, GSTR-1, GSTR-3B generation, Input Tax Credit (ITC) computation, TDS calculations
  • **For UAE**: VAT calculations and returns, Corporate tax computations
  • Payroll tax deductions
  • Withholding tax estimates

  • ARE PROVIDED AS GUIDANCE ONLY. We do not guarantee their accuracy, completeness, or compliance with current tax laws.


    2.2 Tax Law Changes

    Tax laws and regulations change frequently. While we strive to keep the Platform updated, there may be delays in reflecting recent changes. This is particularly important for:

  • GST rate changes and notifications (India)
  • E-Invoice and E-Way Bill threshold changes (India)
  • VAT amendments (UAE)
  • Corporate Tax updates

  • 2.3 Interpretation

    Tax regulations often require interpretation. The Platform's calculations are based on general interpretations and may not reflect the specific treatment applicable to your situation.


    3. Not a Licensed Tax Advisor


    3.1 No Professional Advice

    SGK Apps and the Platform:

  • Are NOT registered tax agents
  • Are NOT licensed tax consultants
  • Do NOT provide professional tax advice
  • Are NOT authorized to represent you before tax authorities

  • 3.2 No Client Relationship

    Use of the Platform does not create a professional advisory relationship between you and SGK Apps.


    4. User Responsibility for Filings


    4.1 Ultimate Responsibility

    YOU ARE SOLELY RESPONSIBLE FOR:

  • The accuracy of data entered into the Platform
  • Verifying all calculations before submission
  • Ensuring compliance with all applicable laws
  • Filing tax returns on time
  • Paying taxes owed to authorities

  • 4.2 Review Requirement

    You must review all outputs, reports, and calculations generated by the Platform before relying on them or submitting them to any authority.


    4.3 Record Keeping

    You are responsible for maintaining proper records and documentation as required by law, regardless of Platform usage.


    5. Recommendation to Consult Professionals


    5.1 Professional Advice

    We STRONGLY RECOMMEND that you:

  • Consult with a licensed tax consultant or registered tax agent
  • Seek legal advice for complex matters
  • Engage qualified accountants for financial statements
  • Verify compliance requirements with relevant authorities

  • 5.2 Complex Situations

    Professional consultation is especially important for:

  • **India**: GST registration, Input Tax Credit claims, E-Invoice compliance, reverse charge mechanism, inter-state vs intra-state supply determination, SEZ transactions, export refunds
  • **UAE**: First-time VAT registration, Corporate tax planning, Free zone tax treatment
  • International transactions
  • Group company arrangements
  • Dispute resolution with tax authorities

  • 6. Limitation of Liability


    6.1 No Liability for Losses

    SGK APPS SHALL NOT BE LIABLE FOR:

  • Tax penalties, fines, or interest charges (including GST penalties under Section 122-138 of CGST Act or UAE VAT penalties)
  • Incorrect tax filings or late submissions
  • Business losses resulting from reliance on Platform outputs
  • Decisions made based on Platform information
  • Consequential or indirect damages of any kind
  • E-Invoice or E-Way Bill generation errors (India)

  • 6.2 Use at Your Own Risk

    Your use of the Platform for tax and compliance purposes is entirely at your own risk.


    6.3 Indemnification

    You agree to indemnify and hold harmless SGK Apps from any claims, damages, or expenses arising from your use of the Platform for tax or compliance purposes.


    7. Compliance with Local Laws


    7.1 Regional Focus

    The Platform is designed for businesses operating in India and UAE. While we strive for compliance:


    For Indian Users:

  • We do not guarantee compliance with all CBIC (Central Board of Indirect Taxes and Customs) requirements
  • GST portal integration and return filing must be done independently on the official GST portal (gst.gov.in)
  • E-Invoice and E-Way Bill generation through government portals is the user's responsibility
  • Income Tax compliance (Form 16, TDS returns) must be verified independently

  • For UAE Users:

  • We do not guarantee compliance with all UAE Federal Tax Authority (FTA) requirements
  • VAT returns must be filed through the official FTA portal

  • 7.2 Other Jurisdictions

    The Platform may not be suitable for use in jurisdictions outside the UAE. Users in other regions must verify compliance with local requirements.


    8. Updates and Changes


    8.1 Platform Updates

    We may update Platform features and calculations without notice. Such updates do not constitute confirmation that previous calculations were incorrect.


    8.2 Disclaimer Updates

    We may update this disclaimer at any time. Continued use constitutes acceptance of changes.


    9. Acknowledgment


    BY USING THE PLATFORM, YOU ACKNOWLEDGE THAT:


    1. You have read and understood this disclaimer

    2. The Platform is a tool and not a replacement for professional advice

    3. You are responsible for verifying all outputs

    4. SGK Apps is not liable for tax-related issues

    5. Professional consultation is recommended


    10. Contact


    For questions about this disclaimer:


    SGK Apps

    Email: info@sgkapps.com

    Website: bizcore.sgkapps.com


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    *This Disclaimer is effective as of the "Last Updated" date shown above.*


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