GST Invoices

GST INVOICES

In 2017, the Government of India launched the Goods And Services Tax (GST) system for Indian Taxpayers’ betterment. As the earlier Indirect Tax regime was a little bit tough for the taxpayers to operate with it. And since GST’s commencement in 2017,

the GST Council and the Government are taking many steps to make this tax regime burden-free for taxpayers. The measures like GST E-Invoicing, E-way Bills, and Quarterly filings for SMEs with respective turnovers are of great help. And one of the Government’s initiatives is to provide accounting and billing software to small businesses with a turnover of less than Rs.5 crores for free to help them in GST Invoice preparations, Return filing, and accounting needs.

So you all know that GST Invoice and E-Invoicing are some necessary things for businesses.

GST Invoice is a commercial document, invoice, or bill showing the details of goods or services offered by the seller to the buyer, which comprises quantity, cost, and tax amount-related information. It’s the same as other invoices that businesses were using before the GST Act implementation.  Small business groups maintain their GST invoices manually, it was not generated proper reports for monthly returns and other reports. We Kanakkar Filings will support your business GST invoices through online.