Monday 3 June 2019

Free Accounting and Billing Software for Enterprises with Annual Turnover upto Rs. 1.5 Cr.

Vide notification dated 28-05-2019 on www.gst.gov.in, GSTN Department provides free GST Billing and Accounting software. GSTN has partnered with some Billing and Accounting software vendors to provide this facilities.
Following are some FAQs.

FAQ1: WHO CAN USE THIS FACILITY?
Reply: This facility is available to the Micro, Small and Medium Enterprises with Annual Turnover under Rs. 1.5cr.
This software is also available for the active Normal taxpayers, SEZ Developers/SEZ Units and taxpayers who have opted for composition scheme under the GST regime. 
This facility is available to the taxpayers for all States/UTs

FAQ2: WHAT IS THE USE OF THIS FACILITY?
Reply: This software allows a taxpayer to run his daily business by providing day to day billing and accounting features, alongwith facility for return filing for their GST related compliances.
Some of the free features being made available by all the vendors are Sale/ Purchase/ Cash ledger, Inventory management, Supplier/ Customer Masters, Generation of Invoices, Preparation of GST Returns etc.
These are available as a cloud based version as well as a downloadable version that installs on desktop or laptop for eight products to choose from. 

FAQ3: IS THIS FACILITY IS ALWAYS FREE OF COST?
Reply: The software would be available free of cost to eligible taxpayers till 31.03.2021 or till the taxpayer’s annual turnover remains under Rs 1.5 Cr in a financial year, after which the taxpayers may have to pay a fee to the vendor.
For using features other than free features listed or using the software beyond the initial free period, the taxpayer may visit respective vendor product site to ascertain fee payable, if any.

FAQ4: IS THE GST DEPARTMENT HAS CONTROL OVER THIS SAOFTWARE?
Reply: The Accounting and Billing software is independent from GST Department and the GST department has no control over that software. GST Department does not collecting taxpayers' data from this software.
The taxpayer should read the terms and conditions of the software property before proceeding forward.
All queries/questions need to be taken up with the software vendors and NOT with GST Helpdesk.

FAQ4: HOW TO DOWNLOAD THIS SOFTWARE?
Reply: To download the accounting and billing software on the GST Portal, the taxpayer need to login to the GST Portal with valid credentials and navigate to Downloads > Accounting and Billing Software option.

The user manual and FAQs for the same and vendors providing software can be viewed at the following links: