Goods and Services Tax (GST) is an undertaking by the Indian government to transform indirect taxation and allow free flow of goods and services. India is projected to play an essential and ever increasing role in the world. economy, and GST is going to help drive that.
Get Inbuilt HSN & SAC Codes For Goods and Services
Under GST, all products and services have an associated HSN and SAC code for allocating the correct GST rate. Deskera has all the codes inbuilt, and will automatically apply the tax rates and cess, so you don't have to refer to an excel sheet every time.
Inbuilt Compliance for Composition Schemes
If you are a small business with annual turnover of less than 1.5 crore, you fall under the Composition Scheme and can choose to pay GST at a fixed rate. Deskera helps you with calculating and filing GST accurately if you are eligible for composition schemes. The fixed GST rates for different types of industries in a composition scheme are: 1% - For Traders and Manufacturers 2% - For Manufacturers: GSTIN has lowered the rate for manufacturers to 1% 5% - For Restaurant Sector 6% - For Suppliers of Services or Mixed Suppliers)
Create E-way bills
Deskera Books provides easy and quick creation of E-way bills with just one click with a GST-ready application. Our application allows you to pull all E-way bill related data with the fields which are mandatory for the E-way bill template in relevant inward and outward documents. Once you have filled in this data, you can extract all this information in an excel sheet and validate it using an offline tool and thus avoiding manual data feeding for each transaction. After validation E-way, you can upload it on the E-way bill portal. Hence, Deskera allows you to generate E-way bill reports for bulk transactions. Learn More