Best GST Software for GST Return Filing and GST Billing

|Updated on: September 13, 2022

What is GST software?

A GST software is your one-stop-solution for all your compliance needs - from raising invoices to managing your inward and outward supplies, keeping your books of record up-to-date, and much more. TallyPrime ensures that your GST returns are in sync with your books of accounts, and reflect the same data as used for filing returns in the GST portal, thus proving to be the right GST return software for you. 

TallyPrime is a GST-ready Software with all the features right from GST Billing to GST Returns with Error Detections & Correction mechanism, and many more. 

One stop GST solution for your business 

From generating instant e-invoices and e-way bills to GST billing, auto-filled return forms, and accurate GST returns filling, TallyPrime is a fully connected GST software that seamlessly manages all your compliance needs. The latest release brings to you a simple, secure, and swift way to  view Tally reports on the go  using any device. All you need to do is to login to Tally portal in a web browser and get frequently used business reports from TallyPrime on demand. 

Start GST billing in a few minutes using TallyPrime 

Just follow three easy steps and generate your GST bills from TallyPrime: 

  • Enable GST 
  • Configure , tax rates, tax ledgers and party details 
  • Create and print sales invoices 

Tally's GST Software Features 

GST Invoicing: Handle all your GST requirements easily. Seamlessly create, send, and manage digitally signed GST-compliant tax invoices, bill of supply and much more with TallyPrime. The software helps businesses produce comprehensive invoices that display all the required information, keeping you GST-compliant. 

e-Invoice and e-way bills: Now, creating e-invoices and e-way bills for your business is a quick and simple task with TallyPrime. Being a fully-connected GST software, enables you to generate e-invoices and e-way bill instantly.  What’s more? GST reports in-depth insights into your business while enabling you to easily create e-Way bills for the transfer of goods. 

Auto-filled GSTR-3B and GSTR-1: Being a comprehensive business management software, TallyPrime comes with intuitive features like one-time return filing with auto-filled in GSTR-3B and GSTR-1, making the overall process seamless. 

Accurate Return filling: File 100% accurate returns with TallyPrime's intuitive Prevention, Detection, and Correction mechanism. This help ensure that your books are always accurate, giving you the confidence that the returns you file are always correct! 

Composition Scheme: Manage composition scheme from generating the bill of supply invoices to filing CMP-08 returns. 

Returns in Json and Excel file: Using TallyPrime is so seamless that whatever your requirement is, whether you want to export your GST returns in excel or JSON format, the software facilitates it seamlessly. 

Manage all types of GST transactions: With TallyPrime, you can easily manage different GST transactions like reverse charge transactions, imports, and advance receipts, thereby staying GST-compliant. 

End-to-end accounting: Being a comprehensive business management software, TallyPrime supports all GST-related processes starting from recording, tracking, organizing, and keeping your books of accounts up-to-date. 

Online business reports: With TallyPrime, you can now securely access business reports from mobile or any device using a web browser seamlessly, thereby ensuring business continuity from anywhere at any point of time. 

Business reporting: Being a comprehensive solution, TallyPrime offers a wide range of insightful reports that can be personalized basis your requirement. Additionally, Tally allows you to slice and dice the reports and look at them the way you want, the way it works for your business. 

Quick set-up: Being an intuitive software, installing TallyPrime, and getting started is a super easy task. Additionally, it only takes only a few minutes to configure GST rates and party details. 

Continuous product update: Stay updated with regular updates to ensure that new laws and changes are supported on-time.

Advantages of implementing GST software: 

  • File your GST returns accurately with Tally's GST Software 
  • Generate a range of invoices, from simple invoices to invoices with multiple items and multiple tax rates
  • Improve Efficiency by automating and streamlining your GST filing process
  • Keep accurate records and track your business growth seamlessly
  • Always stay GST-compliant by using an accounting and gst billing software
  • Manage advance receipts, reverse charge scenarios, branch transfers, bill of supply, export invoices, input tax credit and other adjustments using Tally's GST billing software
  • Access information from any device at any point of time
  • Keep your data secure, make smart business decisions and more 

GST Returns and statements in TallyPrime 

Returns for regular dealer 

  • GSTR-3B 
  • GSTR-1
  • Annual computation 

Returns for composition dealer 

  • GST CMP-08 
  • GSTR-4  
  • GSTR-9A 

GST Reports & Statements:  

  • Incomplete/Mismatch summary 
  • Input Tax credit summary 
  • Advance receipt tax liability 
  • Reverse charge tax summary 
  • HSN/HAC summary  
  • Document summary  
  • Challan reconciliation report  
  • e-invoice states report and registers  
  • e-Way bill reports and register 

Frequently asked questions about GST software

  • What are the types of GST returns?

The different types of GST returns are; GSTR 1, GSTR 2, GSTR 2A, GSTR 3, GSTR 3B, GSTR 4 (CMP 08), GSTR 5, GSTR 6, GSTR 7, GSTR 8, GSTR 9, GSTR 9C, GSTR 10, GSTR 11, GSTR 12. Each return form has a different meaning and to get a complete view of when you should file which return, you can click types of GST returns.

  • What is the eligibility criteria for GST registration?

All businesses are required to assess whether the business is liable to register for GST and accordingly obtain GST registration. The unique registration number must be obtained by every supplier effecting taxable supplies, subject to a threshold limit, by registering with the tax authorities so that all the operations and data relating to the business can be correlated and agglomerated.

  • How to use GST Software?

To use GST software, you must first have a basic understanding of different kinds of GSTs - CGST, SGST and IGST. For example, if you sell something within the state, 50% of the GST will be CGST and 50% of the GST will be SGST. But when you sell something outside a state, 100% of it will be IGST which will go to the Central Government. Using a GST software will help your business become tax compliant, hassle-free.

  • What are the due dates of filing GST returns?

The government on March 24 announced an extension of the last date for filing GSTR-3B for Goods and Services Tax (GST) for March, April and May to June 30, amid the Corona Virus chaos. Ever since GST was introduced, there have been several changes in the due dates of return filing. To avoid paying any late fees, it is always advised to stick to the timelines and keep yourself updated about the due dates.

  • What is a composition scheme?

Composition Scheme under GST is a relief mechanism, especially for small tax payers, wherein they can not only have comparatively less tedious compliance practices to deal with, but also pay GST at a lower, fixed composition tax rate on their turnover. Thus, it is important for businesses to be clear about, what is composition scheme.

  • Which Tally version is best for GST?

TallyPrime, the whole new version of Tally, is a complete GST software to manage all your GST compliance requirements. Right from generating GST compliant invoices to filing GST returns, TallyPrime is your one-stop solution for your business. What’s more? The latest release of TallyPrime is enhanced with a fully connected solution to generate e-way bills and e-invoice.

  • Does Tally software support GST?

Yes, TallyPrime, the latest version of Tally, fully supports GST.  Generating GST invoices, connected solution to generate e-way bills and e-invoices, filing GST returns such as GSTR-3B, GSTR-1 and GST CMP-08 etc. are some of the features of TallyPrime.

  • What are the benefits of Tally GST software?
    • Ease of billing and generating GST compliant invoice
    • Accurate GST Returns such as GSTR-1, GSTR 3B and GST CMP -08
    • Connected solution for seamless e-invoicing and generating e-way bills
    • Prevention, detection, and correction capabilities for error-free billing and return filing
    • Continuous product updates to keep you stay updated with statutory changes

  • How is GST calculated?

GST is calculated on the taxable value of supplies considering the GST rate applicable on the product or services. Let’s say if the taxable value is 10,000 and the GST rate is 18%, the total GST calculated is 1800. This is split into CGST (900) and SGST (900) if it is intrastate supplies. In case of inter-state, the entire GST will be calculated as IGST

  • How long does it take to implement GST software?

TallyPrime as GST software can be implemented and up and running in few mins. It is easy to install, quick to configure the GST details using tax rate set-up and print invoices even faster.

For buying or upgrading to Tally's GST Software online, visit Buy/Upgrade Tally GST Software online.

Visit Download GST Software

Watch Video on How to Set GST Details in TallyPrime GST Software


Read More on GST

GST Software for CAs, GST Software for Traders, GST Invoicing Software, GST Calculator, GST on Freight, GST on Ecommerce, GST Impact on TCS, GST Impact on TDS, GST Exempted Goods & Services, Reverse Charge Mechanism in GST, GST Declaration

GST Rates & Charges

GST Rates, GST Rate Finder, GST Rate on Labour Charges, HSN Codes, SAC Codes, GST State Codes

Types of GST

CGST, SGST, IGST, UTGST, Difference between CGST, SGST & IGST

GST Returns

GST Returns, Types of GST Returns, New GST Returns & Forms, Sahaj GST Returns, Sugam GST Returns, GSTR 1, GSTR 2, GSTR 3B, GSTR 4, GSTR 5, GSTR 5A, GSTR 6, GSTR 7, GSTR 8, GSTR 9, GSTR 10, GSTR 11


Compliance solutions right from invoicing to filing returns to e-invoicing, are just a click away.