Tally for GST

How to Set Off Input Tax Credit Against Tax Liability in the GST Regime

We introduced Input Tax Credit (ITC) in a previous post. Now let us understand how to set off your input credit against your tax liability in the GST regime. Are you GST ready yet? Get ready for GST with Tally.ERP 9 Release 6 Get a Free…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

257,328 total views, 40 views today

How does GST Eliminate Tax on Tax? [Video]

In the current regime of indirect tax system, the chain of input credit, at a certain point, is broken. Let’s say Central Sales Tax (CST) applicable on interstate trade is non-creditable, leading to a break in the input credit chain. Similarly, a manufacturer charging excise…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

54,206 total views, 9 views today

How is GST Different from Current Tax Structure

This blog post has been updated on 6th June 2017. GST (Goods & Services Tax), a single unified tax system aims at uniting India’s complex taxation structure to a ‘One Nation- One Tax’ regime. It is the biggest tax reform since India’s independence. What does…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

106,787 total views, 24 views today

GST, Price Inflation and Profiteering

“Government may consider anti-profiteering clause to ensure benefits of GST reach consumers”, screamed a headline in a business newspaper a couple days after the constitutional amendment pertaining to GST was cleared by Rajya Sabha, removing the biggest hurdle for the process to take off.  Are…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

9,107 total views, 8 views today

Please provide feedback on your experience with Tally Blog website