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Showing posts from October, 2018
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Do you really need a GST Business Accounting or Billing Software GST was introduced in the year 2017 in India. The tax came into effect from July 1, 2017, through the implementation of One Hundred and First Amendment of the Constitution of India by the Indian government. This implementation and vast change in the tax system of India made a significant difference in the software billing system currently present in India. The billing software included the subdivision of taxes in various services tax such as CST, VAT, etc. But under GST Tax slab it only included SGST (State Goods and Service Tax), CGST (Central Service Tax), IGST (Inter-State Service Tax) with a Tax slab of 5%, 12%, 18%, and 28%. This change in Taxation slab shattered the Billing Softwares which require an urgent update for the Softwares. This made a boom for the development and requirements of GST Billing Softwares into the market for every Business.  As handwritten bills are not accepted by the govern