Know how you can make Multiple Tax Invoices in Tally.ERP 9 under GST
Multiple tax invoice creation can be a bit tricky. But it is needed for all kinds of businesses. Many a time we want to sell...
Easy Steps by which one can Maintain Bill Wise details in Tally.ERP 9 along with GST
Do you want to keep all the purchase and sales voucher in the Tally software according to the actual bills? There’s an option included...
The perils of choosing the wrong business software!
Many times we choose business software without doing much research on it. After a few days, we realize how we have chosen the wrong software for our entire business,...
5 Indispensable Tally.ERP 9 Features that Increase Efficiency of Small Businesses
More than 9 lakh businesses are known to be powered by tally which includes both small and large firms. Easy to use software with numerous features, the tally is indispensable for any company...
Not All Goods Require E-Way Bills – Read Here!
The GST Law has changed the entire game of trade in the country and traders are fast moving towards full compliance with...
The GST Implication & Liability
The Indian Taxation System has been largely transformed by the implementation of Goods and Services Tax. There is still a lot of financial implications that need to be understood for banks and financial services.
The govt. must also consider complete addressing of the issues faced by banks and financial service providers in order to make GST a grand success for a new India. In cases of stock-broking, the brokerage component attracts a GST which is a tiny part of the overall transaction.
Purpose of the Tax Liability in Demand Provision
There are some rules which have been implemented to determine the tax liability so that the penalty calculation can be done under the demand provision of the GST. These provisions ensure that there is no scenario in which a person or organization can escape from paying the GST.
Top Development on Intra-state e-Way Bill
Millions of goods are transported across the country and the government is adamant to follow 1-Nation 1-Market scheme in order to make business simpler for both the suppliers and buyers. As per the ruling of Goods and Services Tax rolled out by the government, every consignment whose value is above Rs.50000 (either individual invoice or consolidated invoice of many consignments) needs to bear an e-Way bill which can be generated at the centralized portal.
GST Compliance and Challenges for Composite Dealer
Have you understood the GST norms well yet? Do you know whether you qualify for Composition Scheme? Are you a regular taxpayer? No matter what business you are doing, you definitely need to have a regular track record of complying with tax payments and norms to avoid legal troubles in future. This is exactly why you need to understand GST compliance and things you need to do if you are under Composition Scheme.
File GSTR-1 using Tally 9 ERP 6 with Easy Steps
If you are a registered dealer, then GSTR-1 is something that you need to file quarterly or monthly. Skipping it can make you land in trouble, and you can even face really heavy fines.
GSTR 1 contains all the details regarding the sales or the outwards supplies of your registered business. Using TallyERP 9.6, you can easily file the GSTR 1 without any extra amount of hassle.