Zomu comes with an advanced hassle free GST Billing mechanism.
As we all know GST stands for “Goods and Services Tax”, and is proposed to be an extensive indirect tax levy on manufacturing, , sale and consumption of goods together with services at the national level.
Its main objective is to combine all indirect tax levies into a single tax, except customs (excluding SAD) in place of multiple tax levies. This helps to overcome the limitations of running indirect tax structure.
In the present scenario, goods and services tax is a tax which is levied on goods and services imposed at each point of sale or rendering of service.
Now, GST could be on entire goods and services or there could be some exempted class of goods or services.
Bill with or without GST
GST will be a national level value added tax applicable on goods and services.
The billing system in Zomu is designed in such a way that a Shop having a GST license can raise bills following all GST norms.
The inbuilt feature of GST billing in Zomu is able to show all GST breakups for convenience.
On the other hand, shops without a GST license can create bills at flat rates (i.e. without any tax breakups).