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Showing posts with label #gst. Show all posts
Showing posts with label #gst. Show all posts

Friday, 24 November 2017

Free GST Ready Garment Shop Billing Software - Choice for Wholesale or Retail

IDL Team

Free Garment shop billing software specially designed for cloth retailers, cloth stores & showroom. System allows you to manage the customer transactions, general ledger and manage the stock effectively. POP ready free retail shop billing Software solve all your issues of managing the shop. IDLGSTPro+ software is simple to use and rich UI can be used effectively any garment shop or showroom and there is no need for any training.

Help & Support: 7499350003 / 9919069506

Free  GST Billing Software

Highlights of Free Garment shop billing software

Garment shop automation
  1. Automate your business with zero hidden fees & demo software is free.
  2. Manage multiple companies and shop
  3. Promote business by creating the discount coupon with various options
  4. Access restriction based on permission for each staff
  5. Monitor real-time sales of garment retail shop
  6. Auto backup facility helps easy recovery of garment retail store data
  7. Manage Sales girl/staff commission with brokerage module
Manage Garment inventory and accounting books
  1. Manage different types of garments items and ledgers
  2. Set up low inventory stock alerts
  3. Track the items location while selling, keep track of Rack/aisle details
  4. Manage customer balance and payment history easily
  5. Easily manage purchase return and sales return
  6. Manage salary paid to shop workers
  7. System support the job work(cloth sticking etc) can be done after sales
  8. GST Ready Invoice template with all required GST features
Features of Garment retail Shop POS software
  1. POS easy and fast sales billing software
  2. Generate sales bill by scanning barcode
  3. Receipt, Payment and Adjustment transaction allowed and receipt can be generate
  4. Manage multiple sales billing at a same time
  5. Thermal printer and cash drawers supported
  6. Option for discount entry in sales bill
  7. Capture cloth stitching details while creating sales bill
  8. Sales bill customisation is possible
Garment retail Shop Billing software Reports
  1. Stock Register (Day wise / Group Wise)
  2. All reports can be export to excel
  3. Daily Sales Report (Brand / Category Wise)
  4. Daily cash register
  5. Minimum Level Or Safety Stock alert report
  6. Sales Tax reports for all sales and purchase
  7. Sales commission report between dates
  8. Barcode label printing
  9. Track amount to be paid for alteration of cloth


Friday, 6 January 2017

How to apply for GST Registration?

IDL Team

Introduction:

Goods and Service Tax (GST) is the tax levied by the central government and state government together to subsume most of the taxes like Excise Duty, VAT, Service tax, entry tax and even the customs duty.

Hence, it is very important to understand the registration procedure under GST because even the existing dealer will also have to apply for the GST registration online.

Who all are liable to register under GST?

This is one of the most important questions, as once GST is implemented everybody will be asking this question, whether I am covered under GST or not ?

The very basic answer to this question is if you are supplying goods and services not more than 20 Lakh, then you don’t need to register under GST. In other words, if you supply goods or services for more than 20 Lakh, then you liable to register under GST.

Do you need Billing Software ?

GST Registration Process – Step by Step Guide

Before going on with detailed discussion, let us first understand the registration process diagrammatically.



Here is details presentation of the entire flow.
I need Digital Signature
#Step 1- Verify prelim Details: This step deals with creating a login account on the GST website to initiate the registration process. A person has to submit the email, mobile number and PAN on the GSTN portal. The PAN shall be verified automatically online.

The mobile number and email shall be verified through a One Time password validation system. These details are to be filed in form PART 1 of GST REG-01.

#Step 2- Submit Application form: Once your basic details are verified, one has to fulfil the registration form and complete all the related formalities like uploading documents. Documents required for GST registration are as follows:
Photograph
Constitution of taxpayer (Partnership deed, COI, etc.)
Proof of principle place of business (electricity bill, NOC, rent agreement)
Bank Account details

The application if submitted online through FORM GST REG – 02.

#Step 3- Verification by GST officer: Once the application is filled and submitted, then it shall be forwarded to the proper officer who will then examine the application and the documents attached. If everything is found to be in order, then GST registration will be granted within 3 working days.

If any deficiency is found in the application, then it shall be communicated to the applicant within 3 working days in FORM GST REG-03.

After getting the deficiencies, applicant will have to respond within 7 working days through FORM GST REG-04.

#Step 4 – No action within 3 working days: If the officer does not respond to you either with deficiencies or approval then the application for grant of registration shall be deemed to have been approved.

#Step 5 – Registration Certificate: When the application is approved by the officer, then a certificate of registration in FORM GST REG-06 shall be issued through a common portal. The applicant can easily download the registration certificate from the common portal using their log in id passwords.

#Step 6 – Separate registration for each branch: If you have different branches in different states, then separate registration needs to be applied for each state.

A registered taxable person eligible to obtain a separate registration for business verticals may file separate application in FORM GST REG-1 in respect of each such vertical.

GST registration will be more complexed in the beginning, hence to avoid mistake it is recommended to fill it carefully.

If you have any query, kindly submit it to our CONTACT FORM.

Wednesday, 4 January 2017

What is GST?

IDL Team
Image result for GST

Goods and Services Tax (India)

Goods and Services Tax (GST) is a proposed system of indirect taxation in India merging most of the existing taxes into single system of taxation. GST will be a game changing reform for the Indian economy by creating a common Indian market and reducing the cascading effect of tax on the cost of goods and services. It will impact the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization and reporting, leading to a complete overhaul of the current indirect tax system.
The taxes which will be subsumed into GST include central excise duty, services tax, additional customs duty, surcharges and state-level value added tax.Other levies which are currently applicable on inter-state transportation of goods are also likely to be done away with in GST regime.
Apply for Digital Signature

Benefits of GST 

GST has been envisaged as an efficient tax system, neutral in its application and distributionally attractive. The advantages of GST are:
  • Wider tax base, necessary for lowering tax rates and eliminating classification disputes
  • Elimination of multiplicity of taxes and their cascading effects
  • Rationalization of tax structure and simplification of compliance procedures
  • Harmonization of center and state tax administrations, which would reduce duplication and compliance costs
  • Automation of compliance procedures to reduce errors and increase efficiency
Taxes to be subsumed
GST would replace most indirect taxes currently in place such as:

Central Taxes                                                     

Central Excise Duty [including additional excise duties, excise duty under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955]
Service tax
Additional Customs Duty (CVD)
Special Additional Duty of Customs (SAD)
Central Sales Tax ( levied by the Centre and collected by the States)
Central surcharges and cesses ( relating to supply of goods and services)
State Taxes                                                        

Value-added tax
Octroi and Entry tax
Purchase tax
Luxury tax
Taxes on lottery, betting and gambling
State cesses and surcharges
Entertainment tax (other than the tax levied by the local bodies)
Central Sales tax ( levied by the Centre and collected by states)

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