GST, short for Goods and Services tax , is a new tax that will be imposed on the sale and purchase of goods and services in India. GST is meant to replace all taxes in India with a single unified tax applied to value addition instead of the total value of the product at each stage in the supply chain. This method provides credit for the input tax paid on the purchase of goods and services, which can be offset with the tax to be paid on the supply of goods and services. As a result, this reduces the overall manufacturing cost, with the end customer paying less. GST Billing software automates the tedious process of billing for services rendered or products purchased. An extensive selection of similar programs available in today's market feature distinct functions designed to meet the needs of particular industries. Some time and billing software, for instance, caters to professionals such as attorneys who charge their clients based on ...
