GST with Tally.ERP 9

|Updated on: January 10, 2022


The Goods & Services Tax (GST) has been implemented in India since 1st July 2017. Since then, the GST Council has been working to simplify the rules to make it easier for businesses. At Tally, we have walked the GST journey with our customers by continuously building a reliable GST software on par with the changes, to make compliance simpler for businesses and tax consultants.

GST means different things to different stakeholders. Businesses registered as regular dealers need to file their GSTR-1 on a monthly basis if their aggregate turnover exceeds 1.5 Cr. Businesses with an aggregate turnover less than 1.5 Cr have to do GSTR-1 return filing on a quarterly basis. Also, both businesses need to file their GSTR-3B on a monthly basis.

On the other hand, composite dealers have to file GSTR-4 on a quarterly basis. Also, going forward, as the e-Way bill becomes mandatory for interstate and intrastate movement of goods worth Rs. 50,000, businesses will have to adhere to e-Way Bill compliance as well.

All this calls for an efficient GST ready accounting software, which can not only take care of your holistic business needs but also ensure a hassle-free compliance experience.

Benefits of using Tally.ERP 9

Tally is the most popular and reliable GST ready accounting software amongst businesses in India We believe it is critical to ensure that data is recorded correctly at the transaction level itself, which is the starting point. Tally.ERP 9 ensures you generate GST invoices and transactions as per the GST format.

As a business owner, you can easily share returns data with your tax consultant as per GST format. If you prefer to, you can file GSTR-1, GSTR-3B and GSTR-4 on your own by exporting data to the Excel Offline Utility tool or in JSON format as per the GST portal. The unique error detection and correction capability ensure that you file returns accurately.

When it comes to e-Way Bills, Tally.ERP 9 helps you to easily generate and manage e-Way Bills. You can capture all the required information at invoice level itself, export the data in JSON format and upload the data in the e-Way portal to generate the e-Way Bill.

If you are a tax consultant, then you can easily share changes made in returns by marking them. The list of only the changed transactions can be shared with your clients so that they can update their books easily by replacing only the appropriate details in a single click.

Go ahead and take Tally's GST software free download, to start your journey towards an effective GST compliance journey.

Versatility that adapts to your business needs

Tally's GST software in India handles all your GST billing needs. You can generate a range of invoices, from simple invoices to invoices with multiple items and multiple tax rates. You can also manage advance receipts, reverse charge scenarios, branch transfers, bill of supply, export invoices, input tax credit and other adjustments - all by using Tally's GST billing software.

Tally.ERP 9 ensures that your GST returns are in sync with your books of accounts, and reflect the same data as used for filing returns in the GST portal, thus proving to be the right GST return software for you.

File your GST returns accurately with Tally's GST Software

Avoid hassles of segregating data invoice-wise, detect and correct errors in transactions quickly and generate returns in the required format using Tally.ERP 9. You can generate GSTR-1, GSTR-3B and GSTR-4 either in JSON format or use the Excel Offline Utility tool to file your GST returns. To understand the product's capabilities in its entirety, feel free to use Tally's GST software free trial - and assess how your business needs are being catered to.

GST Concepts & FAQs

What is Form GSTR-3B? How do I file it?

Form GSTR-3B is an interim return form to be used by GST dealers with regular registration for filing returns for the current financial year. Learn More

If I am providing services across multiple states, can't I manage with single registration?

No. In the current regime, Service Tax was applicable for services, which required a unified, centralized registration. However, in the current regime, goods and services will have the same treatment and will be taxed on supply, at the place of supply.

I have VAT number, UAM number. Will that be sufficient for GST registration?

No, even for a business transitioning into GST, PAN will need to be furnished for GST registration. To understand more about the process of registration, please refer our blog post - Learn More.

What will be the fate of C Form, H Form and F Form in GST?

In the current regime, C Form is required for CST compliance during inter-state transactions; H Form is issued when the inter-state buyer is an exporter, and F Form is issued as proof of stock transfer. To know more, about all the forms refer to our post - Forms Under GST.

What is the difference between mixed and composite supply?

Composite Supply means a supply made by a taxable person to a recipient comprising two or more supplies of goods or services, or any combination thereof, which are naturally bundled and supplied in conjunction with each other in the ordinary course of business. GST Mixed Composite Supply

Can we avail excise duty for goods purchased before 1 year?

No, for claiming the excise duty paid against a particular invoice, the date of invoices or any other prescribed duty/tax paying documents must be within 12 months from the date of transitioning to GST. For more understanding, please refer our blog post - Learn More.

Can we take ITC on stock lying with us before GST, on which we have paid excise?

As per the Transition Rules, those dealers who have purchased excisable goods, directly from the manufacturer / 1st stage dealer / 2nd stage dealer - will be eligible to get 100% credit of the excise paid on closing stock. Learn More.

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