Goods and Services Tax (GST) was introduced in India on 1 July 2017 as a unified indirect tax system replacing a complex web of central and state taxes. Today, every business with a turnover above ₹40 lakh (₹20 lakh for service providers) must register for GST.
What Does GST Mean for Your Business?
GST compliance involves generating GST-compliant invoices, collecting the right tax components (CGST, SGST, IGST), filing monthly or quarterly returns (GSTR-1, GSTR-3B), and reconciling ITC (Input Tax Credit). Doing this manually in a spreadsheet is error-prone and time-consuming.
How GST Software Simplifies Compliance
- Auto-filled GSTR-1 & GSTR-3B — No more manual data entry into the GST portal.
- ITC Reconciliation — Match your purchase invoices with supplier filings automatically.
- E-Way Bill Generation — Create e-way bills directly from your invoices.
- Multi-GSTIN Support — Manage multiple GSTINs from one dashboard.
GoAccount: Built for Indian GST Compliance
GoAccount is designed from the ground up for Indian SMEs. It generates GST-compliant invoices in one click, auto-calculates CGST/SGST/IGST, and prepares your GSTR returns so you can file directly on the GST portal. Start your 7-day free trial today.