Overview of GoGSTBill

A GST report is a document that a taxpayer (every GSTIN) is expected to file with the tax administrative authorities, detailing all income/sales and/or expenses/purchases. Tax authorities use this to compute net tax liability. Check out the gst.cleartax.in website for GST reporting and filing. It offers data input from a variety of ERP systems, including Tally, Busy, and bespoke Excel, to mention a few. Additionally, Tally users can use the program to submit data and files directly. You will be charged interest and a late fee if your GST reports are not filed on time.

Invoice is time-stamped commercial document that itemizes and records a transaction between a buyer and a seller. If products or services were acquired on credit, the invoice would generally detail the conditions of the agreement and the various payment options available. If there is a billing problem, an invoice usually includes contact information for the seller or service provider. The payment terms and any discounts, early payment details, or finance costs levied for late payments may be listed on the invoice. The document also shows the entity's unit cost, the total number of units purchased, freight, handling, and shipping costs, as well as the total amount owed.