What is GST, and how is it implemented in Tally ERP 9?
Cevious devotes itself to providing business solutions that deliver intelligent cloud-based solutions to their clients. Our clients frequently ask us about managing GST processing because it makes them go crazy. Customers who run Tally ERP 9 with our Tally on Cloud capabilities already possess the skills needed to succeed with the software. Tally ERP 9 in combination with Cevious’s cloud computing features makes GST compliance accessible to all users. What is GST? On July 1st 2017 India introduced GST as its new unified taxation system known as Goods and Services Tax. The introduction of GST unified all former taxes like VAT and service tax with an efficient single indirect tax system. The supply chain benefits from GST at every manufacturing and sales level through the essential input tax credit system which allows businesses to reduce tax expenses paid during purchasing activities against collected sales taxes. No more tax-on-tax headaches. GST comes in...