ClearTax GST Software
Get hands-on with GST right now!

India's First Ready-To-Use GST Software

Get Hands-On GST Software Training

Single Software that connects CAs/ Tax Professionals, Customers & Vendors

Making Invoicing, Filing and Reconciliation Easy

FREE till September

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Get Free* GST Software till September 2017
*For Tax Professionals and Businesses

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For CAs, Accountants & Tax consultants

For Businesses

For businesses with accounting software

For Enterprises

For companies with ERP system

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The Triple advantages of ClearTax GST Pro

  • Train your Practice hands-on with ClearTax GST Pro right now
  • Minimise your hassles - get free GST invoicing solution for your clients
  • Avoid errors in reconcilation - work real-time with your clients
  • Ensure 100% accuracy with Comprehensive Tax Validation Engine
  • Access from any device, anytime, anywhere
  • GST Reports and Analytics for Efficient Client Management
  • Simple integration with ERPs like Tally, SAP

Get 50% off (coupon code: CTGST50) on India’s most comprehensive E-learning module on GST

  • 10+ hours of e-learning video content
  • Prepared by CAs with 20+ years of Indirect Tax experience
  • 20+ quizzes to test yourself on GST
  • 20+ real-life examples on GST
  • 10000+ CAs, Lawyers & Tax experts already learning from it
  • Monthly webinars to answer your queries on practical issues

  • Get more customers and make your brand visible online
  • Get your CA Profile listed online - currently, 1.8 crore Indians search for CA services online

Why do you need a GST software?

GST is complicated

For every client, you will file more returns and spend more time than before

Very high chances of errors

Short reconciliation window - less than 5 days every month

Traditional software burdens your efficiency

Completing a lot of tasks and in time become difficult with traditional desktop softwares

Experience your GST journey right now

India's First Ready To Use Software

Train hands-on with ClearTax GST software right now

Get ready with your transition related work right now

India's Largest Tax-Technology platform

Trusted by

400

Enterprises

10,000

CA firms

15,00,000

Taxpayers

Master GST with E-learning modules

Get 50% off (coupon code: CTGST50) on India’s most comprehensive E-learning module on GST

  • 10+ hours of E-learning video content
  • Prepared by CAs with 20+ years of Indirect Tax experience
  • 20+ quizzes to test yourself on GST
  • 10000+ CAs, Lawyers & Tax experts already learning from it
  • Monthly webinars to answer your queries on practical issues

An affordable way to get your business GST ready

  • Ensure business continuity - Free GST invoicing solution
  • Accurate and timely Tax Credits - communicate and resolve mismatches real-time with your vendors and Tax Professional
  • Ensure 100% accuracy with Comprehensive Tax Validation Engine
  • Dashboards for better cash flow management
  • Simple integration with your existing accounting system
  • Maintain high compliance ratings from the government

Why does your business need a GST software?

Save on Tax-related working capital

You need to unblock tax credits affecting your working capital

Get a lot done in less time

You need to ensure accuracy and timeliness - only a 5 day window every month for reconciliation

Ensure business continuance

Your compliance ratings impact your customers’ decision to continue working with you

Experience your GST journey right now

India's First Ready To Use Software

Train hands-on with ClearTax GST software right now

Get ready with your transition related work right now

India's Largest Tax-Technology platform

Trusted by

400

Enterprises

10,000

CA firms

15,00,000

Taxpayers

Master GST with E-learning modules

Get 50% off (coupon code: CTGST50) on India’s most comprehensive E-learning module on GST

  • 10+ hours of E-learning video content
  • Prepared by CAs with 20+ years of Indirect Tax experience
  • 20+ quizzes to test yourself on GST
  • 10000+ CAs, Lawyers & Tax experts already learning from it
  • Monthly webinars to answer your queries on practical issues

The ClearTax GST’s 10x advantage

  • Automate vendor reconciliation and communication - integrate their invoices real-time with your system
  • Save taxes through insights and automation
  • Increase your reconciliation window from 5 days to 30 days with our Rule Engine
  • Simplify complex decisions with Input Tax Credit Wizard
  • Upload, Segregate, Automate GST compliant invoices with Smart Invoicing Solution
  • Ensure 100% accuracy with Comprehensive Tax Validation Engine
  • Simple integration with existing ERPs like SAP, Oracle, Microsoft, Tally etc.
  • Stay on top of your GST journey with 50+ reports
  • Secure with 100% uptime
  • World-class support and handholding for your team

Why does your Large Enterprise need a GST software?

Maximize Input Tax Credit

You need to avoid leaving any Input Tax Credit at the table

Ensure business-as-usual

Minimal changes to your IT systems, People and Processes

Manage access control

Only the right amount of access to the right people

Address criticalities

Security, Scalability and Availability become critical

Make your team’s transition a pleasant one

Hassle-free GST experience - now and in the future

Experience your GST journey right now

India's First Ready To Use Software

Train hands-on with ClearTax GST software right now

Get ready with your transition related work right now

India's Largest Tax-Technology platform

Trusted by

400

Enterprises

10,000

CA firms

15,00,000

Taxpayers

Master GST with E-learning modules

Get 50% off (coupon code: CTGST50) on India’s most comprehensive E-learning module on GST

  • 10+ hours of E-learning video content
  • Prepared by CAs with 20+ years of Indirect Tax experience
  • 20+ quizzes to test yourself on GST
  • 10000+ CAs, Lawyers & Tax experts already learning from it
  • Monthly webinars to answer your queries on practical issues

GST Guides

Quench your thirst for GST knowledge with our crisp guides

Goods & Services Tax will impact accounting and invoicing processes across industries for both Chartered Accountants and Businesses. After July 1, businesses and accountants will have to adopt software and ERPs which are capable of managing taxation, invoicing & accounting as per the new tax regime. Cleartax being a pioneer in the industry will help you understand the technical aspects of the implementation of Goods and Services Tax, the impact on ERP systems, and what you need to do to be tax compliant in this section.

The Goods and Services Tax Law has brought new opportunities for all accountants and tax practitioners to grow their tax practice. It also requires us to learn and know about various terms and definitions related to the new tax regime. Read about some of the most common and basic terms used under the Goods and Services Tax Law in this section.

From 1st July, 2017 Goods and Services Tax will replace Central and State level indirect taxes like VAT, Service tax, Excise etc. Businesses that are registered under VAT or Service Tax need to migrate to Goods & Services tax as per the enrolment plan of State Governments. It is applicable to you if your annual turnover is Rs. 20 lakh or above. In case of North Eastern states (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura) and hilly regions i.e. Himachal Pradesh, Uttarakhand, Jammu & Kashmir and Sikkim, the threshold limit is Rs. 10 lakh. Read our articles to understand more about registration process, its applicability and rules.

All existing Central Excise and Service Tax assessees and VAT dealers will be migrated to GST. To migrate to the new tax system, assessees would be provided a Provisional ID and Password by CBEC/State Commercial Tax Departments. Learn more about the process. All businesses plan your transition into the new Goods & Services Tax regime with our guides available here and make a smooth transition. Find out how you can carry forward your input tax credit from existing tax regime to GST. Read all about the transition provisions in our articles.

Invoice is issued on every sale/purchase. The invoice contains S.No., details of the product such as product name, description, quantity, etc along with the details of supplier, purchaser, tax charged and other particulars such as discounts, terms of sale etc. Every business is required to furnish a GST invoice as per the new law. Find out all the details your invoice must have through our articles on the topic.

Our guides will help you determine all compliance requirements related to business accounting. Here you will find the list of accounts required to be maintained under Goods & Service Tax. You will also find an article on bookkeeping with the accounting entries required to be passed.

A return is a document that a taxpayer is required to file as per the law with the tax administrative authorities. Under the Goods & Services Tax law, a normal taxpayer will be required to furnish three returns monthly and one annual return. Similarly, there are separate returns for a taxpayer registered under the composition scheme, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS). Use our expert guides to understand how to file various returns under Goods and Services Tax for your business.

Refer our guides to understand various provisions and laws related to payment, refunds and settlement of Goods and Services Tax. All payments & refunds will be made online through the electronic ledgers. You will also find a list of the electronic ledgers which will be maintained on Goods & Services Tax portal.

Goods and Services tax allows businesses to claim input credit on the taxes paid on the purchases at the time of paying tax on output, you can reduce the tax you have already paid on inputs. It means that if you are a manufacturer, supplier, agent, e-commerce operator, or aggregator then you are eligible to claim input credit for tax paid by you on your purchases. Learn everything about the Input tax credit under the Goods and Services tax regime.

Composition scheme is available for tax payers whose turnover is not more than 50 Lakhs. Under this scheme the taxpayer need not maintain every record that is required under Goods & Services tax and he has to pay tax at the specified rate on the total turnover of the month. Learn about the advantages, drawbacks, transition provisions and conditions to be eligible for the composition scheme in the articles of this section.

Read our guides on various procedures defined under the Goods and Services tax law related to audit, advance ruling and related aspects. You will pay Goods & Services Tax through self-assessment. Read about provisions of self-assessment and other types of assessments (done by tax authorities). Find out about advance ruling when you are confused regarding the applicable rate of tax or valuation of supply.

Avoid penalties and prosecution under the Goods & Services Tax regime. Learn about the various offences under Goods and Services tax to avoid them. Learn about various penalties that can be levied and scenarios for prosecution under the Goods & Services Tax. Read about the inspection provisions. Remember to carry the prescribed documents while transporting goods as they can can be intercepted and inspected.

Frequently Asked Questions

  • What is GST?
    Goods and Services Tax is the new unified, multi-stage and consumption based tax levied on manufacture, sale and consumption of Goods and Services at national level to replace all the existing national and state tax systems like VAT, Service Tax, Excise Duty, etc. It is expected to remove the cascading effect of tax-on-tax which is prevalent presently. It is applicable to you if you are into Manufacturing, Trade, E-commerce or Services.
  • What is GST Compliance Rating?
    GST Compliance Rating is a numerical rating given to businesses depending on their level of compliance with Goods & Services Tax rules. Refund claims under the GST regime will also be processed on merit basis, i.e on the GST compliance rating of the registered taxpayer. It is expected that certain slab rates will be maintained for various taxpayers falling under various bandwidths of compliance rating and the refunds will be made in terms of percentage amount based on the individual rating of the taxpayer. Higher compliance ratings will make the refunds process easier for businesses.
  • How to Enroll for GST?
    You can enroll for GST via the common portal of Goods & Services Tax. ClearTax can also help you with your enrollment. For more details click here.
  • Can I have multiple Registrations?
    Yes. A person with multiple business verticals in a state may obtain a separate registration for each business vertical (in each state).
  • What are the Benefits of Goods & Services Tax?
    • Cascading tax effect (meaning tax on tax) will no longer exist
    • Input Tax Credit will be easier to avail
    • Returns and compliances will be consolidated
    • Increased efficiency in Logistics
    • Subsumes variety of Indirect Taxes
    • Higher threshold for Registration
    • Composition scheme for smaller businesses
    • Online simpler procedure
    • Regulating the unorganised sector
    • What is Composition Scheme?
      Small businesses and taxpayers having a turnover less than Rs. 50 lakhs can opt for Composition scheme where they will be taxed at a nominal rate of 0.5% or 1% (for manufacturers) CGST and SGST each (rates as per the latest proposed changes in the Goods and Services Tax bills). Composition levy is available to only small businesses dealing in goods. It is not available to interstate sellers, e-commerce traders and operators, and service providers.
    • Is Input Tax Credit Available under Goods and Services Tax?
      Input credit means at the time of paying tax on output, you can reduce the tax you have already paid on inputs. One of the fundamental features of Goods & Services Tax is the seamless flow of input credit across the chain (from the manufacture of goods till it is consumed) and across the country.
    • Which all taxes will GST replace?
      It will replace all the taxes currently levied and collected by the Centre (such as Central Excise Duty and CVD) and by the State (such as VAT and CST), on businesses.
    • How many Returns are required to be filed under GST?
      A business in most cases will be required to furnish 3 returns monthly and 1 annual return. That means any business will require to file 37 returns in a financial year. However there are separate returns for a taxpayer registered under the composition scheme, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS)
    • What is HSN Code?
      The Harmonized Commodity Description and Coding System generally referred to as “Harmonized System of Nomenclature” or simply “HSN” is a multipurpose international product nomenclature developed by the World Customs Organization. It comprises about 5,000 commodity groups; each identified by a six digit code, arranged in a legal and logical structure and is supported by well-defined rules to achieve uniform classification. Without HSN, the system will not be able to pick tax rate for goods declared at the time of registration.