Effective from 1st July, 2017 the new version has been created to take care of GST requirement. The GST (Goods and Services Tax) Law warrants dealer to issue Bill/Receipt for the goods sold above Rs.200/- value clearly mentioning CGST (Central) and SGST (State) component/share of tax depending on the slab under which the item beling sold falls. As per the GST Law every dealer also has to file GSTR-1 and GST3B returns with CGST, SGST and IGST columns as the case may be.
With this there will be no new updates or release in the old version of software. The old version will be discontinued as far as new feature addition is concerned.
Filed under: GST Version, Software Update | Tagged: CGST, Goods and Services Tax, GST, GST Accounting, GST Billing, GST Filing, GST Rate, GST Ready, GST3B, GSTR-1, IGST, India, SGST, Version |
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