Every field is editable. A tax invoice is the invoice created by a GST registered business owner when he sells taxable goods and services. Tax invoices are mandatory for claiming Input Tax Credit. A bill of supply is an invoice generated by a GST registered business owner when he sells GST exempt goods or services, or when he is registered under the Composition Scheme.
Check out more details in this link. For services, the tax invoice must be issued within 30 days from the date of the service rendered. For goods, it involves two criteria. The invoice must be issued before or at the time of removal of goods if the supply involves the movement of goods from once place to anotheror the bkash online server must be issued on or before the delivery of goods if the supply does not involve physical movement of goods from one place to another.
If you are selling goods, you need to produce 3 copies one for your customer, one for the transporter of goods, if the sale involves movement of goods, and one for your own records. If you are providing a service, you need to produce 2 copies one for your customer, and one for your own records.
The Harmonized System of Nomenclature HSN is an internationally accepted method of naming, classifying and identifying products. Each product has a unique HSN code, which must be mentioned on the invoice. Service Accounting Codes SAC is a unique code provided for recognition, measurement and taxation of services, which must be mentioned on the invoice.
Place of supply under the GST is the location of the buyer or receiver of the goods or services. Check out more details on supply under the GST. In the reverse charge mechanism, the buyer or the receiver of goods or services is liable to pay taxes instead of the seller.
Click here to learn more about reverse charge. Mixed supply under GST is when a taxable person combines two or more individual goods or services and sell it for a single price. Each of these items can be supplied separately. These items cannot be sold separately. Add Line Item. It was great doing business with you. Please make the payment by the due date. Powered by.Please check Gen GST online demo: saggst.
The software allows unlimited return filing for unlimited clients. Download free Demo. The company has prepared multiple GST software modules that ensure faster and easier GST tax filing and invoicing work all with the help of software. Same goes for the GST e-way bill which is a mandatory form to fill up before transporting goods exceeding value INR 50, our software is capable to handle bulk e waybill generation, with registration and cancellation features attached. So to overcome this issue, the Gen GST software has been made compliant with all government prerequisites.
Also, our GST billing software has the best user-interface presenting each and every feature displayed on-board used on a day to day basis. Note: Above mention each and every prices are excluding all applicable taxes. All above prices calculation without domain included. SaaS also, Software as a Service is a great helping tool to avail the free GST software for billing and e-filing work of Indian traders. Get yourself the ultimate GST software with error-free tax compliance software i.
Some of the highly anticipated features which are must have in a GST software. Please check our suggestions before buying a GST compliant software package.
Our GST annual return Software will provide annual return filing form very soon. Buy Now. Overall Rating is 4. Write a Review. More Videos. Reconcile difference of software and portal for differences if any. Reconcile data from books, portal, and returns and find differences if any. Also import data in excel template of Govt.
Match Mismatch Report Notification Compare complete tax data with every seller according to the registration details and also while importing from govt database, excel and from Gen GST.
Sales report Summarized and rate wise Sales figures Report. Also export client vouchers to the tally instantly. E Way Bill Updation This feature enables taxpayers to update any details in their e-way bill including the vehicle number, transporter ID, and more. Excel for E-way bill preparation, consolidated e-way bill preparation and vehicle updation.
Import of generated e-way bills from portal into software. E-way bill Cancellation Cancellation of generated bills. E-way bill Rejection Rejection of generated bills. Auto-filtering of bills as per status Fetching status of generated bills from portal and auto filtering of bills as per status.SAG Infotech's most popular Gen GST software for unlimited client return filing and billing needs is now available at an exciting price for those who wish to get complete GST compliance done within few minutes.
The Gen GST software for small taxpayers and businesses is, however, free for 20 active hours to offer users gain experience on how to use the software as well as complete freedom to file the GST returns as well.
Note : Above mention each and every prices are excluding all applicable taxes. All above prices calculation without domain included. SAG Infotech is a leading tax solution organization with a wide assortment of professional oriented softwares.
Here's why Zoho GST is a better way to file your taxes.
We have around two decades of experience in taxation industry with a client base of above 20 thousand. Software as a Service and has released it absolutely free for 7 Days all the small business. The service has been released on the cloud version and will be giving all the GST software features to the user on minimum conditions. There are various lucrative features which have been assimilated into the Gen GST software offering an overall better experience to the user.
Have a look upon all those triumphed features and choose for your own. The desktop variant is based on. Our GST software Billing and Returns Filing is OS independent Online which means that regardless of OS running on the system, the software is all set to work and operate on the desktop right away from the installation.
The Gen GST software is available for free download or anyone can avail online GST SaaS service working on the cloud, accessible anytime anywhere giving on-the-spot assistance to the small businesses in India for GST billing and e-filing purpose.
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Affordable Price. Download Free Demo Buy Now. For Companies. For Professionals. Buy Now. About Us SAG Infotech is a leading tax solution organization with a wide assortment of professional oriented softwares. Offline Tool, Govt. What is Gen GST software? The portal is highly secured with protocols and encryptions and provides seamless return filing.
The Gen GST online software let the user access its account anywhere anytime. What are the significant features of Gen GST software?
Simple and Hassle-free GST Software for mid and large-sized businesses
These forms are compulsory to be filed by all the regular, composition dealers. Gender Male Female Other. Check Availability. Re-Type Password Passwords must match. Firm Name. GST No. Register Close.
If you have forgotten your password - Reset it here. OTP sent successfully! Your Subscription Expired!Kudos to their support team, they are well informed and are quick to resolve any issue we face.MGT 07 Filing Procedure - How to File MGT 07 via Gen CompLaw XBRL software
This reflects true professionalism - of people as well as the company at large. They have really taken the hassles of GST away from us. We are quite pleased with the product and the support provided. While the solution in itself is well-rounded and up-to-date with GST norms, the support provided by the team is prompt, reliable and 24x7. The support team has deservingly earned the gratitude. IRIS Sapphire is such solution your team would really appreciate you for.
The product is easy to use and the team is super helpful and apprised with every new update in the ever-changing GST regime. Not only is he an expert on GST related rules and updates, but keeps a close tap on its effect on business processes. This has helped our team in filing accurate and correct information efficiently on GST portal. We look forward to continue our partnership. We know how important your GST Compliance is. And we also know how much resource-crunched you are considering 50 other important deadlines to meet and with time being the lease available resource.
Registration Number: IS Explore Sapphire.
One stop platform to manage the life cycle of your EWay Bill: from generation and updates to rejection and cancellation. Explore Topaz.
Scan any GSTIN through the app to know their filing history, compliance score and report non-compliance- all in real-time. Explore Peridot. A seamless solution for E-invoicing under GST that can integrate with your billing systems in multiple ways and generate IRN in real time! Explore Onyx. Customers Speak. Niraj Oza.The software is available in both online and desktop variants.
GST invoicing and tax filing are faster and more comfortable using this tool. This GST billing software comes with simple user-interface and features a dashboard that displays every possible feature available. Unique client authentication mechanism is also available.
Please confirm with the vendor website before purchasing. Gen GST Software offers the following functionalities:. Get Listed.
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Please enter an email address and we will send you a reset link. Thanks for the download. Please check your email for the link. Visit Website. Read More. Write Review. Pricing Model Free TrialSubscription. Screenshot of the Vendor Pricing Page.The software allows Indian taxpayers to easily file their tax returns online and create GST compliant bills and invoices. Since Gen GST supports unlimited client registration and returns filing, it is definitely the perfect tax application for professional businesses and CAs.
Comparison of GEN GST and Reach GST Software
It effectively replaced most of the indirect taxes with one GST tax which defines certain rules, tax rates, and the provision for filing GST returns online. However, you can now use the Gen GST billing software that gives you the ability to file tax returns online without having to visit the Council website.
You can also create GST compliant bills and invoices easily using this software. Gen GST is also suitable for the CAs who want to file returns for multiple clients from a single platform.
Gen GST software gives you the ability to easily create GST compliant invoices for any number of clients, right from the dashboard. In order to create an invoice, you need to follow the step-by-step procedure below. For creating invoices, users will have to create the Setup first.
A new panel will open in the main area. A new panel will open where the user can choose the setup detail for invoices. Click on the first option in the Bill sub-menu, i.
Invoices Sales to create an invoice for a sales transaction. There are four options, Client, Receiver, Goods, and Services, in the top menu. You can add new clients from the client tab in the main menu. You can either add details manually or import receiver details from other places. A new panel will open where you can enter details like Memo type, Dealer type, Bill type, Invoice type, Supply type and other details like the discount, invoice number, etc.
You can add as many goods as you want here. When you are done entering goods, save the details and take a printout. You can also add multiple services entries here as well. Here, we will learn just how to do that.
GST Software Guide for Taxpayers: How to use Gen GST to file returns?
The other returns are to be filed in the same way. It has two options, Client and Fill Forms, in the top menu. A new panel will open where the details of outward supplies, inward supplies, inter-state supplies, Nil rated supplies, ITC eligibility, and tax payment information are furnished.
Click on the first tab, i. Now, click on Inter State Supplies tab to fill the details of your inter-state supplies made to unregistered person, composition taxable person and UIN holders. A new panel will open.Tax Technology and Transformation Leader. GST has laid the foundation for a more efficient tax system, has rationalized the tax structure and simplified the compliance procedures by replacing multiple central taxes and duties, as well as local state taxes.
A key component of GST is the automation of compliance procedures to reduce errors and increase efficiency. GST requires greater integration of tax domain knowledge and technology, as compliance has become paperless and data-intensive, with sector-specific nuances. Essentially in the new ecosystem, organizations have been imposed with significantly more onerous responsibilities of being granularly true and correct in relation to tax reporting and have been made materially responsible for the compliances of third-party in the supply chain.
The legislation also imposes higher corrective implications in case of errors resulting in short payment of taxes or incorrect availment of credit. Besides this, the new paradigm mandates a higher auditable demonstration of bona fide. Furthermore, the dual tax mechanism adopted by India leads to higher risk of blockages, leakages and incorrect treatment of taxes.
The solution is a secure cloud platform that is intelligent, robust and scalable to meet the GST compliance needs of all. The robust solution is capable of conducting intelligent validations, with a list of more than validations ranging from a duplication check, GST Identification Number and Point of Sale PoS. These validations are pivotal for meeting the demands of accuracy at the granular level. This helps in achieving efficiency in cost of compliance with cloud services model.
These reports and analytics are essential for clients in mitigating tax risks and material costs. The solution does not require any additional hardware or software requirements and keeps the system maintenance costs in check. The solution keeps a trail of decisions taken and reporting done to prove bona fide data source, as also assist in identifying problem areas and discrepancies in the processes.
Intelligent analytics provides insights on the areas of leakage and thereby, brings tax efficiencies. Our insightful dashboards also assist in efficient tax management as also astute commercial conduct and negotiations with stakeholders. The summary and transitional data that is most relevant for business users is made available for the seamless integration with the ERP. To summarize, ERP has the most relevant user interface and workflows, the complete business logic and full-fledged compliance functionality is available on cloud platform.
The solution has been built by incorporating the tax domain knowledge of the one of the largest indirect tax practices in India and by garnering tremendous experiences in managing some of the largest compliances in the country. As the solution is built on SAP in-memory database, the aggregates on transaction data is built in real-time, enabling quick decision-making and improving operational efficiency. GST compliance data submitted to the government, at the summary level, is made available in the ERP, along with the compliance ledgers.
The solution allows seamless integration of tax compliance into the ERP, thereby enabling organizations to handle their cross-functional work processes, compliances and mitigating tax-related commercial risks in an accurate manner. Seamless integration of granular GST compliances to other commercial functions ensures reduced working capital and commercial risk.
The solution provides insightful data analytics that facilitates organizations to take decisions regarding their GST compliance and credit utilization as well as provides them insights on purchase and sales trends.
Customers can choose to build their own extractors and provide data as per EY API specification or can even customize and extend the sales and purchase extractor program, which has been designed to extract from SAP supports ECC and S4 base tables related to finance FIsales and delivery SD and material management MM.
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