As a GST registered dealer, you are required to provide GST Invoices, also known as bills to your clients. An invoice or a bill is a list of goods sent or services provided, along with the amount due for payment.
You can create GST compliant invoices FREE of cost using ClearTax Billing Software.
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.