GST billing software in kerala
GST TAX INVOICE & BILL OF SUPPLY Make GST compliant invoices, bill of supply, quote & others. With accurate templates and professional design, they are optimized & compliant with Indian law.A taxpayer whose turnover is less than Rs 1.5 crores* (Rs. 75 lakhs for north-east states and Uttarakhand) can opt for composition scheme. A dealer opting for composition scheme has to deposit tax on their receipts themselves, they are not allowed to collect any tax from their buyers . The GST has to be paid out of pocket by the composition dealer. They cannot charge GST in the invoice.Thus a composition dealer has to raise a Bill of Supply instead of a Tax Invoice.The composition dealer has to mention the words ‘composition taxable person not eligible to collect taxes on supplies’ on the Bill of Supply.An exporter is also not required to charge GST on their i...