Tally for GST

Understanding Input Service Distributor (ISD) in GST

It is quite common that businesses have a distributed system of manufacturing units or service rendering units across the nation. In simple words, businesses with Head Offices (HO) and Branch Offices (BO) which are spread across the nation – could be in the same state or…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

75,617 total views, 23 views today

Impact of GST on Working Capital for SMEs

Working capital is the lifeline of a business to carry out day-to-day operations. Managing working capital efficiently is a problem that plagues both small and large businesses. Inability to manage working capital may have adverse effects, including premature closure of businesses. Are you GST ready…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

20,708 total views, 6 views today

What are the Accounts and other Records you should Maintain under GST

Accounts and records are the primary source of data for any organization’s financial reporting. Every law of Direct and Indirect Tax in our country also mandates that information in a prescribed manner has to be captured and preserved for a certain period of time. These…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

88,563 total views, 17 views today

Moving to GST: Composition Dealer Switching to Regular Dealer

All registered taxable persons under the existing indirect tax regime will be automatically transitioned to GST and will be given a provisional registration ID. After validation of the details submitted during enrolment, final registration IDs will be issued. Similarly, those traders, who have opted for…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

75,172 total views, 54 views today

What is Time of Supply for Services on Reverse Charge

In our previous blog, we discussed Time of Supply for Services under the Forward Charge Mechanism. Under the reverse charge mechanism, the recipient or buyer of services has to pay tax to the credit of the government unlike forward charge, where the supplier has to pay…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

41,776 total views, 53 views today

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