The Goods & Services Tax (GST) has been implemented in India since 1st July, 2017. Since then, the GST Council has been working to simplify the rules to make it easier for businesses. At Tally, we have walked the GST journey with our customers by continuously building a reliable GST software on par with the changes, to make compliance simpler for businesses and tax consultants.
GST means different things to different stakeholders. Businesses registered as regular dealers need to file their GSTR-1 on a monthly basis if their aggregate turnover exceeds 1.5 Cr. Businesses with aggregate turnover less than 1.5 Cr have to do GSTR-1 return filing on a quarterly basis. Also, both the businesses need to file their GSTR-3B on a monthly basis.
On the other hand, composite dealers have to file GSTR-4 on a quarterly basis. Also, going forward, as e-Way bill becomes mandatory for interstate and intrastate movement of goods worth Rs. 50,000, businesses will have to adhere to e-Way Bill compliance as well.
All this calls for an efficient GST ready accounting software, which can not only take care of your holistic business needs, but also ensure a hassle-free compliance experience.
BENEFITS OF USING TALLY.ERP 9
Tally is the most popular and reliable GST ready accounting software amongst businesses in India We believe it is critical to ensure that data is recorded correctly at the transaction level itself, which is the starting point. Tally.ERP 9 ensures you generate GST invoices and transactions as per the GST format.
As a business owner, you can easily share returns data with your tax consultant as per GST format. If you prefer to, you can file GSTR-1, GSTR-3B and GSTR-4 on your own by exporting data to the Excel Offline Utility tool or in JSON format as per the GST portal.The unique error detection and correction capability ensures that you file returns accurately.
When it comes to e-Way Bills, Tally.ERP 9 helps you to easily generate and manage e-Way Bills. You can capture all the required information at invoice level itself, export the data in JSON format and upload the data in the e-Way portal to generate the e-Way Bill.
If you are a tax consultant, then you can easily share changes made in returns by marking them. The list of only the changed transactions can be shared with your clients so that they can update their books easily by replacing only the appropriate details in a single click.
Go ahead and take Tally's GST software free download, to start your journey towards an effective GST compliance journey.
Cheque, Cash in Advance (CID), Cash Advance (CA), Cash on Delivery (COD)