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GST is India’s single largest tax reform since independence. GST aims to help replace the federal tax structure with a more unified one to help reduce the cascading tax on tax impact, and remove the barriers to trade across state boundaries.
Beyond the change in the rates of goods and services, the process of compliance is undergoing a major shift with the introduction of the idea of invoice matching. This means that instead of filing summarised returns, you will need to submit the details of all your sales invoices once every month. Subsequently, you will need to then formally accept, reject, or modify the automated purchase declarations against you, which will then combine to give you your return.
What does this mean for you? Simple! You need to digitise your data from day one. Learn how our GST-Ready Software can help!
Free Bonus Gift
If you buy the Tally.ERP 9 online from us you will get the Customised GST Invoice for free.
You can see the image as per the PDF attached here.
The TCP will be assigned to your serial number and will be delivered to you within 24 working hours.
No changes will be done in the Format as it is a complimentary offer. However we can make small changes as per client’s need.