Prepare For GST In Simplest Way (software Company / IT Company )

Prepare for GST in Simplest way (software company / IT Company )

If your company(seller) is GSTIN registered then do the following:

 

Step-1: Create a form on your website like http://www.ubwebs.com/UBWebs-GST-info/ with all the fields so that you can collect the data from the GST registered buyers of your services.

 

Step-2: Create a page on the website like http://www.ubwebs.com/UBWebs-GSTIN-Details/ to display your GST Info.

 

Step-3: Now create invoices as per the following cases.

 

CASE-1: If other party is registered Under GST and exist outside State:

Ask for GST Details (Step-1) and mention the details in the invoice and put IGST as 18%.

 

CASE-2: If other party is registered Under GST and exist within State:

Ask for GST Details (Step-1) and mention the details in the invoice and put S-GST as 9% and C-GST as 9% [still you need to bill 18%]

 

CASE-3: If other party is not registered Under GST (Inside/Outside State):

Create invoice without GST details of Buyer but with 18% S-GST/C-GST OR IGST whatever is the case.

 

If you are GSTIN registered, you have to take the GST from the Buyer. If Buyer is registered too, he will get the claim else not.

 

Important References:

 

State Code list:

http://www.ubwebs.com/List-of-State-Code.pdf

 

sample Invoice:

GST Performa Invoice for Software company (PDF)

Download GST Performa Invoice for Software company (Docx)

Share:

Keywords: gst,gst registration,gst for software company,gst for it company,sample gst invoice,gst states code,gst details

Comments

Other related blogs

Why Should Palawan be on your bucket list?

By : Treasure Point Palawan

Those people who want to explore beautiful, unique and amazing places in this world, they should kno..


Rick Lee Crosby Jr: Example of kindness and sympathy

By : Rick Lee Crosby Jr

We human beings can help each other and we should be. There are so many people who think helping oth..


The Ideal Location with Mesmerizing Features to Relax and Make Money Simultaneously

By : Treasure Point Palawan

Traveling is a stress-buster that can relive people from the negative feeling accumulated in them. W..


Rick Lee Crosby Jr: A liberal Personality

By : Rick Lee Crosby Jr

Humanity is all about helping the one in need. There are many ways a person can be helpful to others..