#GST Invoice

[serviceplus00012]

"Service Plus: Simplify Your Business with Easy GST Invoicing and Return Filing"

At Service Plus, we make GST invoicing super easy for your business. Need to create a GST invoice, file a GST return, or sort out an eWay bill? No worries, we’ve got it all handled. Our team takes care of everything to keep you compliant with the latest rules, so your GST return filing is a breeze. With Service Plus, you can focus on growing your business, and we’ll take care of the paperwork.

Address- C 203, 3rd Floor, Sector 63, Noida

Call- +91 9899184918

Website- www.servicesplus.in

Email- sales@servicesplus.in

[alignbooks07]

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[letspe-gateway]

Get instant GST Compliant Invoice and Get Paid with LetsPe

Let your customers know what they are being charged for with detailed breakdown of the expenses including price, taxes & discounts. Provide your customers the accurate information and yourself faster access to funds through online payments. Accept quick secure payments through LetsPe GST-compliant invoices. Create them easily and send them to your vendors and customers anytime.

[setupfilling]

All GST registered businesses have to file monthly or quarterly GST returns and an annual GST return based on the type of business. GST Return Filing is mandatory in nature and non – filing will attract penalty and may result of GST Cancellation also. Simplify the GST return filing process for your small business with our comprehensive guide. Stay compliant with India’s GST regulations effortlessly.

Read More >> https://setupfiling.in/gst-return-filing/

[suvitfintechprivatelimited]

Common Mistakes to Avoid When Managing GST Ledgers in Tally

Goods and Services Tax (GST) is a comprehensive indirect tax levy on the manufacture, sale, and consumption of most goods and services in Bharat. It was introduced on July 1, 2017, to subsume multiple indirect taxes, such as excise duty, value-added tax (VAT), service tax, and central sales tax (CST). GST ledgers in Tally are used to record all GST transactions, such as sales, purchases, and expenses. It is important to avoid mistakes in GST ledgers, as this can lead to penalties from the GST authorities.

[eazy-bills]

Annual Return filling- A complete guide

Introduction

From July 1, 2017, India's GST (Goods and Services Tax) has replaced various indirect taxes imposed by the state and federal governments. Every financial year, registered taxpayers must submit a complete GST annual return. According to the Goods and Services Tax Act, a yearly return must be filed with the government. GST aims to convert the entire nation into a single market. 

If you are new to GST and eager to know how this new tax will affect you and your business, how to file annual returns, and other related topics, this section will help you understand the basics of annual return filing.

What is the GSTR-9?

GSTR 9 is a yearly return to be filed annually by taxpayers registered under GST and includes details regarding the outward and inward supplies made and received during the relevant financial year under different tax heads, i.e., CGST, SGST & IGST, and HSN codes. Although it is a complex process, this return helps in the extensive data reconciliation for 100% transparent disclosures. The last date to submit the GSTR 9 form is December 31 from the subsequent financial year.

Types of GSTR-9

There are four types of GSTR-9 annual returns under the GST law.

GSTR 9- It comprises registered taxpayers who file GSTR- GSTR-2, GSTR-3, and GSTR 3B 

GSTR-9A- Registered and composite dealers come under this.

GSTR-9B- It includes e-commerce dealers

GSTR-9C- It is an audit form that has to be filed by all the companies with a turnover crossing ₹2 Crores in a financial year.

Who should file GSTR-9, the annual return?

All business dealers and owners registered under the GST system must file their GST returns using applicable forms, either online or offline. However, there are some exceptions, and the list includes:

The person who falls under the "Casual Taxable Person".

The person who is not a resident of India.

Any e-commerce website or portal collecting TCS.

Penalty of late filing ITR

Every taxpayer must submit the GSTR 9 form within the given time limit. If he fails to comply with that, there is a considerable GSTR 9 penalty amount of 200 INR per day. This late fee consists of CGST 100 INR per day and SGST 100 INR per day, and there is no late fee payment on IGST. The penalty amount will not exceed the taxpayer's quarter turnover.

How does Eazybills help you file GSTR-9?

Eazybills is an online accounting software that helps you manage your finances and file GST returns.

When you generate a GSTR-9 summary on the GSTN, the transaction details may differ from what you've recorded in your books of accounts. When this happens, you must manually reconcile the information, which can be tedious and error-prone. With Eazybills, you can connect to the GSTN and generate a GSTR-9 summary based on the transactions you've created, then fetch the GSTR-9 summary from the GSTN and compare them to see which fields need to be updated. Once done, you can file the updated summary to the GSTN. This reduces the amount of time you spend updating your returns.

Conclusion

When submitting GST returns, taxpayers encounter technical problems, lengthy processes, and ambiguous regulations.Follow Eazybills for the latest updates, news blogs, and articles related to business tips, income tax, GST, GSTR-9, and GST returns.

[optechsoftware7]

Looking for a reliable and efficient e-invoice solution? Optech Software delivers the best e-invoice software in Coimbatore, built to meet all your GST e-invoicing needs with precision and ease. Our software is developed with powerful automation tools that simplify invoice creation, auto-generate IRNs, and ensure seamless GST portal compliance.

[kazifatagar]

MCA Chief Urges GST Revival, Warns SST Expansion Burdens Public

PETALING JAYA: MCA president Datuk Seri Dr Wee Ka Siong criticized the Sales and Services Tax (SST) expansion, saying it burdens people and allows businesses to hike prices. Speaking at an MCA E-Invoice Seminar on Saturday, he called SST opaque and unsustainable compared to the transparent, efficient Goods and Services Tax (GST). Wee urged reintroducing GST with exemptions for SMEs and vulnerable…

[antraweb]

Tally Software Services (TSS)

Keep Your TallyPrime Updated, Compliant & Secure

Antraweb Technologies is a leading provider of Tally software solutions and services, with over two decades of experience serving a wide range of customers. They offer a comprehensive suite of Tally products, including TallyPrime, Tally Virtual User (TVU) License, Tally ERP 9, and TallyPrime Server.

A key offering is Tally Software Services (TSS), which ensures TallyPrime users have continuous access to critical features like GST compliance, remote data access, and real-time data synchronization. Renewing TSS keeps TallyPrime updated, enabling direct E-invoice and E-way bill generation, remote report access, and automated bank reconciliation. TSS plans are available for single and multi-users, often with promotional offers.

Antraweb's services extend to Tally support, data synchronization, training, and invoice customization. They also develop Tally Apps for mobile use, such as Business Dashboard App and Customer Profiling App, and provide various solutions for integration and customization to meet diverse business needs, including GST compliance.

The company prides itself on its experience, having served thousands of Tally customers and resolved numerous support tickets, earning recognition for its performance and customer service. Antraweb emphasizes its core values of trust, honesty, transparency, and customer satisfaction, aiming to streamline accounting processes for businesses across retail, manufacturing, services, and finance sectors.

For more details on their services and products, you can visit their websites:

Antraweb Technologies

Tally Software Services (TSS)

[devanshudev]

Revolutionizing Business Billing for Indian MSMEs: Meet Karosauda

Running a small business in India comes with its fair share of challenges from managing inventory and creating GST-compliant invoices to tracking payments and generating reports. Most MSME owners juggle multiple apps or, worse, still rely on manual registers and Excel.

That’s where Karosauda steps in.

Karosauda is a smart billing and accounting software made in India, for India. It's tailored specifically for MSMEs, traders, shopkeepers, service providers, and small manufacturers who want to simplify their day-to-day operations without needing an accounting degree.

From professional invoices to inventory tracking, multi-user support, and real-time GST reporting, Karosauda packs all essential features into a single, easy-to-use mobile and desktop platform.

Best of all? You don’t need to be a tech expert. If you can use a smartphone, you can use Karosauda.

With affordable pricing, cloud backup, and 40+ detailed reports, it’s the digital backbone every small business needs today.

✅ Fast ✅ Reliable ✅ Made for Bharat 🇮🇳

[alignbooks07]

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[triridbilling]

Understanding HSN/SAC Codes for Indian Businesses

For any business working in the Goods and Services Tax regime in India, understanding HSN codes and SAC codes or applying them correctly is not merely a matter of fulfilling a legal requirement-it is an important aspect of ensuring bills are correctly prepared, that the right amount of tax is calculated, and GST has been properly complied with.

At first glance, these codes can appear complicated, but that is far from the truth-just like everything is based on common sense—these codes were developed with the intention that they provide uniformity and clarity in respect of classification of goods and services. Any other form of misclassification may have various consequences like levy of wrong tax, imposition of penalties, and reconciliation problems.

Tririd Biz, your trusted accounting and billing software in India, believes that GST compliance can be a little less challenging if it is clear upfront. This comprehensive guide will clarify HSN and SAC codes, show why these matters are of significance to your business, and even walk you through how our software makes managing HSN and SAC codes quite simple.

What are HSN Codes and SAC Codes?

Briefly:

HSN Code (Harmonized System of Nomenclature): These are internationally accepted classification codes for goods. The codes were evolved by the World Customs Organisation (WCO) to classify traded goods the world over systematically. In India, these codes are used in GST to assess the rate of tax applicable to different products.

Structure: While HSN codes remain international only till 6-digits, India in reality uses an HSN code of 2, 4, 6, or 8 digits depending on the turnover of the business. The more digits the code has, the finer the classification.

SAC Code (Service Accounting Code): In the same manner HSN is structured for goods, SAC codes are used to classify services. These codes are restricted to India and were developed by the Central Board of Indirect Taxes & Customs (CBIC) for service tax purposes, which were subsequently taken over by GST.

Structure: The SAC code is of 6 digits only; the initial two digits are '99' for services, and the next four digits specify the exact nature of service.

Why are HSN/SAC Codes Necessary for GST Compliance in India?

The primary reasons HSN/SAC codes are mandatory under GST are:

Uniform Classification: They ensure that goods and services are classified uniformly across India, preventing ambiguity and disputes regarding tax rates.

Tax Rate Determination: Every HSN/SAC code is linked to a specific GST rate. Using the correct code ensures you charge and pay the right amount of tax.

Invoice Generation: It is mandatory to mention the HSN/SAC code on GST-compliant invoices, especially for B2B transactions, if your turnover exceeds certain limits.

GST Return Filing: HSN/SAC-wise summary of outward supplies (sales) is required in GSTR-1, providing granular detail to the tax authorities.

Data Analysis & Policy Making: The government uses these codes to analyze trade data, understand consumption patterns, and formulate economic policies.

How Many Digits of HSN/SAC Code Do You Need to Use?

The number of digits you need to declare depends on your business's aggregate annual turnover in the preceding financial year:

For Goods (HSN):

Turnover up to ₹5 Crore: 4-digit HSN code (mandatory for B2B invoices)

Turnover exceeding ₹5 Crore: 6-digit HSN code (mandatory for all invoices)

Exports & Imports: 8-digit HSN code is generally required.

For Services (SAC):

All Turnovers: 6-digit SAC code is generally required.

(Always refer to the latest notifications from the GST portal for the most accurate and up-to-date requirements, as these thresholds can be revised.)

How to Find Your HSN/SAC Codes

Finding the right HSN/SAC code relevant to your goods or services is extremely important. Some good ways include:

GST Portal: The GST portal at times has search methods or links to official HSN/SAC code lists.

CBIC Website: Lists of HSN codes for goods and SAC codes for services are available on the Central Board of Indirect Taxes & Customs (CBIC) website.

Industry Associations: Your industry association might have compiled lists or issued guidelines for your particular industry.

Tax Consultants: A professional tax consultant will assist in determining the correct codes for your particular offerings.

Through Your Accounting Software: A good smart GST accounting software like Tririd Biz will take away a lot of these worries.

Common Mistakes to Avoid with HSN/SAC Codes

Using Wrong Codes: It is the commonest mistake, and these wrong codes can lead to wrong tax calculations, penalties, and problems for the customers in claiming ITC.

Not Updating Codes: As products or services change, or as GST rules change, always ensure your codes are up to date.

Ignoring Compulsory Requirements: Not mentioning the HSN/SAC code in the invoice, when it is required to do so, or putting in lesser digits than required, with respect to the turnover.

Confusing Goods with Services: Remember to use the HSN for goods and SAC for services.

Lack of Documentation: Failure to maintain documentation explaining the basis for assigning a certain HSN/SAC code, especially in the case of complex items.

How Tririd Biz Accounting & Billing Software Simplifies HSN/SAC Management

Managing HSN/SAC codes manually for every product and service can be tedious and error-prone, especially for businesses with diverse offerings. Tririd Biz is designed to take this burden off your shoulders:

Product/Service Master Data: Easily store and manage your products and services, each tagged with its correct HSN/SAC code and corresponding GST rate, within our software.

Automated Tax Calculation: When you create an invoice in Tririd Biz, the software automatically picks up the HSN/SAC code and applies the correct GST rate based on your master data. This minimizes manual errors.

Invoice Printing: Your GST-compliant invoices generated by Tririd Biz will automatically include the required HSN/SAC codes, ensuring you meet legal requirements.

GSTR-1 Summary: Tririd Biz helps in generating HSN/SAC-wise summaries for your GSTR-1, streamlining your return filing process.

Seamless Data Management: Update codes centrally, and the changes reflect across all relevant transactions, ensuring consistency.

By leveraging Tririd Biz, you can focus on growing your business, knowing that your GST billing and accounting are accurate and compliant with the latest HSN/SAC regulations.

Ensure Compliance, Embrace Simplicity

Understanding HSN/SAC codes is a fundamental aspect of GST compliance for Indian businesses. By dedicating time to correctly classify your goods and services and utilizing smart tools like Tririd Biz, you can ensure accuracy, avoid penalties, and simplify your entire GST filing process.

Ready to streamline your GST compliance with intelligent HSN/SAC management?

Get a Free Demo of Tririd Biz Today! Learn More About Tririd Biz GST Software Explore Tririd Biz Features

Call us @ +91 8980010210

Visit Our Website:  https://tririd.com/tririd-biz-gst-billing-accounting-software

[akshayaquapri]

Bill Books

Custom Bill Books Premium Quality for Effective Record-Keeping

Introduction: Streamline Your Business Transactions with Custom Bill

Key Features of Our Custom Bill Books

Customizable Designs

Quapri provides options for customizable design to match your business’s brand. We have different layout, color designs and allow you to put in your logo, so the look will be professional. Custom bill books not only perform well but promote your brand’s visibility too.

Carbonless Copy Technology

Our bill books have advanced carbonless copy technology. This allows you to generate duplicate records of all transactions, which is very important in holding records and delivering readable copies to your customers.

Top Quality Printing

Our bill books are printed with high-quality inks on high-grade paper to ensure crisp text and a highly professional look. Print quality maximizes readability and gives maximum presentation to your documents.

Strong Materials

Our bill books are made of hard-wearing materials that will help you to serve for multiple copings. The hardcover and quality content will ensure you a good and long-lasting performance. They suit for busy business environments.

Ordering in Bulk

For larger organizations that need multiple copies, Quapri offers great bulk orders to meet your budget. Our solitary book or batch services become cost-effective and economical at these prices.

[gogstbill]

GST-Integrated Billing Software That Simplifies Your Financial Processes

Go GST Bill is revolutionizing the way businesses manage their finances by offering innovative and easy-to-use accounting and billing solutions. Designed with user experience in mind, their products cater to businesses of all sizes, from startups to established enterprises. With a focus on simplifying complex financial tasks, Go GST Bill ensures that companies can focus on growth instead of grappling with accounting intricacies.

At the core of their offerings is software that seamlessly integrates key accounting functions, streamlining operations while maintaining accuracy and compliance. Whether it’s billing, inventory management, or financial reporting, Go GST Bill provides comprehensive solutions tailored to meet varying business demands. Their user-friendly interfaces and powerful features have set a new standard in the accounting software market. Many clients appreciate their free business accounting software, enabling businesses to access essential tools without financial strain.

Go GST Bill - All-in-One Financial Solutions for Businesses

Go GST Bill also simplifies the often-complicated process of generating professional business documents. Their intuitive systems offer a pre-designed purchase order format to help businesses efficiently manage procurement processes and maintain robust vendor communication.

For businesses dealing with the Goods and Services Tax (GST), Go GST Bill proves to be a valuable partner. Their smart software includes customizable templates, such as an accurate and professional GST invoice template, ensuring compliance with tax regulations. Additionally, they offer a detailed GST challan format that aids businesses in managing their tax records with precision and ease.

Go GST Bill’s commitment to empowering businesses reflects in every aspect of their service. By offering tools that simplify, streamline, and enhance financial processes, they’ve established themselves as a trusted partner for businesses aiming to achieve financial efficiency. Explore Go GST Bill’s innovative solutions today and take the first step toward smarter accounting and business management. With Go GST Bill, financial excellence is within reach.

[eazy-bills]

While often used interchangeably, digital invoicing and electronic invoicing (e-invoicing) are not the same. Digital invoicing typically refers to any invoice created, sent, or stored in a digital format like PDF. E-invoicing, on the other hand, involves the structured exchange of invoice data between systems, often through automated platforms, ensuring compliance and integration. Understanding the difference is crucial for businesses aiming to streamline operations, reduce errors, and meet regulatory standards. This guide breaks down the definitions, key differences, and benefits of each approach to help you choose the right invoicing solution for your business.