BillBook supports Indian GST (Goods & Services Tax), making it easier for businesses to comply with tax regulations while managing sales and purchases efficiently. 🚀📊
📌 Tax Settings (CGST, SGST, IGST) #
India has three types of GST taxes:
✅ CGST (Central Goods & Services Tax)
✅ SGST (State Goods & Services Tax)
✅ IGST (Integrated Goods & Services Tax)
🔹 Steps to Set Up GST in BillBook #
✅ Go to → Settings → Tax Rate Setting
✅ Create tax rates for:
- CGST@10% (Example: 10% – Modify based on actual rate)
- SGST@10% (Example: 10% – Modify based on actual rate)
- IGST@14% (Example: 14% – Modify based on actual rate)
✅ Create Tax Groups for Combined GST:
1️⃣ Intra-State Tax Group (CGST + SGST):
- Go to Tax Groups → Add
- Enter Name: Intra-State-CGST-SGST
- Select CGST@10% & SGST@10%
2️⃣ Inter-State Tax Group (IGST):
- Go to Tax Groups → Add
- Enter Name: Inter-State-IGST
- Select IGST@14%
📌 Now, you can select the applicable GST tax while making purchases or sales.
📊 Displaying HSN Code in BillBook #
HSN codes are mandatory for certain businesses based on product categories.
🔹 Steps to Add HSN Code to Products #
✅ Go to → Settings → Categories
✅ Click “Add”
✅ Enter:
- Category Name 📂
- Category Code (HSN Code) 🔢
✅ Click “Save” 💾
📌 Displaying HSN Code in Invoice:
✅ Go to → Settings → Invoice Settings → Invoice Layouts
✅ Edit your invoice layout and enable “Show Category Code or HSN Code” ✅
✅ Assign this invoice layout to your business.
📌 Now, the HSN Code will appear on invoices!
🧾 Setting Up Invoice Format for GST #
✅ Go to → Settings → Invoice Settings → Invoice Layouts
✅ Add a Tax Summary Label to display GST summary.
✅ Select a GST-compliant invoice design:
- Columnized Tax Design
- Detailed Design
- Elegant or Classic Design
📌 Now, GST details will be clearly visible in invoices.
🚀 Why Use BillBook for Indian GST Compliance? #
✅ Automated GST calculation (CGST, SGST, IGST) 📊
✅ HSN Code support for tax compliance ✅
✅ Customizable invoice formats for GST rules 🧾
✅ Generate GST-compliant purchase & sales reports 🏢
With BillBook’s GST features, Indian businesses can simplify tax filing & compliance effortlessly! 🚀🇮🇳
Let me know if you need any refinements! 😊
