GST
Complaince
GSTR-1 (Sales)
# The complete GSTR1 (Outward Return) can be exported to Excel from the software,
# The GSTR1 Excel file can be directly uploaded in its current format on the GST Portal,
# B2B, B2C, B2Cs, Exemp, Hsn, cdnr, cdnur, docs,
# All elements of GSTR1 are incorporated,
# Several outlets of a single company included in one GSTR1,
# Obtain the GSTR1 with a single click and send it to the Accounts team.
GST Dashboard
# Entire GST Related Figures in a single Dashboard,
# SGST+CGST, IGST in all formats,
# Purchase, Purchase Return, Sale, Sale Return, DebitNote, CreditNotes etc..,
# Consolidated Report for All Stores or Individual Store,
# Any data Can be Export to excel,
# Tally Friendly,
# HSN code wise Split Values.
GSTR 2A/2B Reconciliation
# GST Reconciliation for 2A or 2B,
# Retrieve the GSTR2B JSON file from the GST Portal and upload it to the software,
# Compare all elements and identify any mismatches in the values,
# Not in Purchase, Not uploaded in GSTR2B with a Single Click,
# Saves lot of time for the Accounts team during the reconciliation process,
# Export to Excel and perform the required actions.
GSTR-3B (Purchase)
# GSTR-3B purchase monthly return dashboard,
# All components of GSTR-3B included,
# Outward Taxable supplies in all formats (3.1),
# Purchase according to placeofsupply (3.2),
# Import of Goods, Import of Services (Elegible ITC),
# Non GST Inward,
# Export to excel.
E-Invoice
# Initiate B2B Sale Transaction in POS,
# Choose the list of invoices and export them to an offline JSON file,
# Submit the JSON file to the GST E-Invoice Portal. This action will produce E-Invoices and provide a signed Excel file.,
# Process signed Excel in Software,
# An e-waybill can also be generated simultaneously,
# Obtain IRN number, AckNo, SignedQr, EwayBillNo from Processed Invoices.
HSN Code Setup
# 8 Digit HSN code for every product,
# Activate the necessary pre-HSN codes and allocate them to the respective products,
# MultiSlabs has the capability to associate Hsncode with a specified price range,
# Allocate the GST tax rate to the HSN code,
# Add Cess if neccesery,
# Hsncode wise GST Reports, Eway Bills, EInvoices,
# HSN code wise Split Values.
Support
Frequently Asked Questions
GST, or Goods and Services Tax, is a comprehensive indirect tax levied on the manufacture, sale, and consumption of goods and services across India. It is a single tax that has replaced multiple indirect taxes like VAT, service tax, excise duty, etc.
GST is divided into four types:
CGST (Central Goods and Services Tax): Levied by the Central Government on intra-state sales.
SGST (State Goods and Services Tax): Levied by the State Government on intra-state sales.
IGST (Integrated Goods and Services Tax): Levied by the Central Government on inter-state sales.
GSTIN stands for Goods and Services Tax Identification Number. It is a unique 15-digit number assigned to every registered business under GST. The GSTIN is used to monitor tax payments and filings.
GST is calculated by applying the applicable GST rate (e.g., 5%, 12%, 18%, 28%) to the value of the supply of goods or services.
The formula is: GST Amount = (Value of Supply) x (Applicable GST Rate)
Venxmart offers a range of reports and export options for GST, facilitating a straightforward filing process. It proves to be more user-friendly than initially anticipated regarding GST compliance.
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