Filing a tax return is a necessary but complex task for most of us. Especially if you run a business, keeping all accounts and preparing the return accurately might become difficult. The GST format has been introduced to make a single tax filing procedure for all states. It is mainly used for filing business tax returns. Lots of GST formats are available to file tax. You might find it hard to follow the appropriate technique and file the return independently. At this point, we need a tax apprentice but GST Software can help you.
But, what if there is an easy way for return filing without taking help from an expert? You will obviously choose that! You can find various Goods and Services Tax software for this task. A Goods and Services Tax software can help you to file a correct tax return without facing any difficulty. To know more, continue reading.
What is GST Software?
GST refers to ‘Goods and Service Tax’. It is a comparatively new method for filing tax returns. It is a uniform system where the business authority has to accumulate the tax details accurately under a single system. You can choose the convenient GST return type as per your deadlines. You can file annual, quarterly, or monthly tax returns in this system, depending on your business type.
In most cases, filing GST returns accurately becomes a tiring task. Dependency on the lawyers on this behalf is another problem. To file a tax return on your own, you might desire a helping hand other than a human being. A Goods and Services Tax software plays an effective role at this point. Now, a Chartered Accountant (CA) can easily manage all account details of the employees. A GST application can file returns on time, keep clients’ records, and shows accuracy in bookkeeping activities.
In a nutshell, the GST app provides you with a hassle-free return filing experience. A well-programmed software can act as an efficient Goods and Services Tax return filing assistant for you. Isn’t it fascinating?
Commonly desired requirements for a GST Software
There are some common features that people want in Goods and Services Tax software. So, before choosing one, you must ensure the availability of these facilities. Here are some of those requirements-
- Goods and Services Tax software should provide fast and efficient support for filing returns. It must have the capacity to prepare returns on time. Also, it should answer all queries of the CA within a short time.
- The software should correctly identify the defaulter suppliers. It is essential to save unwanted losses of the business.
- It should provide data reconciliation facilities for purchases. This feature helps the user to input all necessary information quickly and get an accurate result.
- The software must support all new Goods and Services Tax updates. It should comply with facilities in GSTR 1, GSTR 3B, GSTR 9, and GSTR 9C.
- It should also have the capacity to integrate with the existing account-keeping systems.
- Another feature of a good GST filing app is to provide the users access to use it from anywhere, regardless of time.
- Above all, the GST app should contain a user-friendly and simple interface.
If you find these facilities in the GST application, you can hope to receive a better experience.
Best Goods and Services Tax Return Filing Software
If I’m not wrong, you have already started thinking about taking help from GST software. But don’t move too fast! You must make sure that you are choosing the right one. Lots of GST applications are available for you. But you should carefully select the accurate one according to your business type. Here I will give a list of the top 10 GST return filing software. I have tried to focus on the basic features you might want to know about. Let’s have a look!
1. Saral GST
Saral GST is one of the best solutions for filing tax returns quickly. It is a great helping hand for the CA to perform their tasks accurately. This software contains a well-organized programming kit that can calculate all data and tax info within a short time. Moreover, it also perfectly serves accounting, invoicing, and billing activities.
Saral GST offers you a simplified return filing procedure. It is perfect for a multi-company. Using this tool, you can make e-payments and maintain GST and MIS reports. The backup data facility of Saral GST is worth mentioning. Besides, it ensures the accuracy and privacy of your data. This software can also work as an online GST portal. So, why won’t you try Saral GST? To get a single license, you have to pay $95.83.
- Saral GST can import data from an excel sheet or other accounting application.
- It can minimize data discrepancies.
- This software can automate the return uploading feature.
- It can transfer data to the GSTN portal in a secure and seamless way.
- In case of a mismatch, it will serve as a comparison report to detect the problem instantly.
- Saral GST stores data locally and provides 24/7 customer care support.
Vyapar will be the perfect app for filing GST returns if you are running a small business. This tool can solve all tax-related problems simply. Containing various features, Vyapar can manage the accounting activities of your business. You can undoubtedly use it for billing and invoicing purposes. Moreover, this tool also offers online payment and invoice customization features.
Vyapar allows you to use this software as a mobile app too. Its customer and vendor management technologies will satisfy you. It will also remind you of the billing and accounting info while preparing a return. Vyapar manages the customer account profiles and prevents data theft. You can customize all your necessary business data on a single platform. Besides, you can get all these facilities at a comparatively low price, $27.76 per year.
- Vyapar offers a handy interface for filing GST returns.
- It provides a detailed view of your business accounting functions.
- This app can prepare accurate GST reports quickly.
- It can manage all return reports of the customers and calculator them properly.
- Vyapar also provides data import/ export facilities.
3. ClearTax GST
ClearTax offers a 100% accuracy rate in GST calculation. It also claims to save 4% of your GST. Various modern facilities accompany this superfast software. It can match above 6000 invoices in a minute. ClearTax is a certified software recommended by lots of tax experts. After using this tool, you will be glad to get the desired output in GST filing. Its cloud-based program keeps your data safe and secured.
You can file your GST return with a single click in ClearTax GST. This software is also mentionable for invoicing and billing. You will get inbuilt GST compliance software, e-returns filing facilities, and other modern advantages here. ClearTax can detect errors efficiently. So, you can hardly find any mistake in its calculation. Your return filing experience will reach a high level with the assistance of this tool. It also offers free trial sessions.
- ClearTax GST provides a complete package for saving money and time.
- It uses all unique techniques in preparing and managing tax returns.
- It can detect 100% tax credit.
- This software is appropriate for medium and small businesses.
- It also supports e-invoicing and e-way billing features.
4. Tax Act
Another popular GST application is Tax Act. It will provide you with multipurpose facilities. This software has been prepared with the assistance of renowned tax experts. So, you will get a combination of valuable tax advice and unique technology in this tool. Tax Act can export or import data from any existing GST app. You just have to upload a pdf of the previous records. It will accurately manage the data and prepare a correct return.
Tax Act provides legal assistance in case of audit defense in the next three years of filing a return. It also contains a refund transfer feature. You can make your tax plan hassle-free under the guidance of experts. You can also customize the plans according to your business type. E-return filing option is available here too. Tax Act will give you the best opportunity to file a GST return and save money.
- Tax Act provides legal assistance in audit defense.
- It can prepare detailed GST reports.
- This software offers useful legal advice on return filing.
- It can integrate with other software.
- It also contains e-return filing features.
5. GST Edge Invoicing and Inventory
GST Edge is a cloud-based app that ensures the safety of your data. Its return filing capacity will attract you. This software is suitable for startups, enterprises, agencies, etc. Its transparent data management activities let you know all details about your business. Besides, it keeps correct data from the clients and prepares error-free GST returns.
GST Edge smoothly handles and reconciles your sales or purchasing registers. You can learn to use this tool without any extra effort. It is careful about preventing mismatch of data. Besides, GST Edge supports multiple branch integration. So, it can manage data from all branches under a single platform. It helps to save time and offers a high accuracy rate in tax calculation. GST Edge can automatically fetch HSN/SAC codes. These features charge $81.94 per year.
- GST Edge provides a well-organized financial data managing program.
- It can prepare error-free returns.
- This tool supports multiple branch integration facilities.
- It is a CA-friendly software.
- GST Edge offers Multi-User login & Roll-based access.
Turbo Tax is a GST software that offers both free and paid versions for filing returns. If you choose the free version, you can file tax returns fully free of cost. Besides, it doesn’t require any previous knowledge of tax. You can simply handle this software by following the steps mentioned there. It ensures the fastest tax refund facility. Importing data from other software is also free in this version. It is the easiest way to file GST free of cost under a secured platform.
TurboTax Delux offers some more advantages. It can review 350+ tax deductions and guarantees a maximum tax refund. Besides GST, it also gives advice on filing property tax returns, education expenses, and tax credits for dependents. It can manage and prepare tax returns after analyzing all sorts of charitable donations and other deductions. So, you can save lots of money. Moreover, Turbo Tax Deluxe provides live support from tax experts. You can get these advanced features after paying $59.
- Turbo Tax guarantees a maximum tax refund.
- It provides tax assistance from anywhere and at any time.
- TurboTax free edition allows you to file returns without any cost.
- The paid edition provides a detailed review of tax credits and deductions.
- It offers legal advice to the users relating to tax.
7. GST Hero
If you need to file GST returns on monthly basis, GST Hero will definitely serve your purpose. This cloud-based software is worth mentioning for inventory management. It can collect data from any software and use it in filing returns. Its fast search and reporting ability ensures accurate tax calculations. GST Hero is also good at invoicing and contact management. It claims up to 100% input tax credit.
GST Hero enables you to file GST returns easily. It can identify the non-GST-compliant suppliers. Besides, it instantly detects the mismatch in records and notifies the users. So, you can quickly figure out the accurate account details of your business employees. It saves money by ensuring tax refund. You can also secure opinions from the tax experts while filing tax returns. GST Hero really serves as a hero to provide tax assistance to the users.
- GST Hero is integrated into Tally, SAP, and Other ERPs
- It can file GST returns without OTP.
- It offers a One-Click E-Way Billing feature.
- This software claims 100% security of your data.
- It contains the real-time error handling capacity.
8. Tally ERP 9
Tally ERP 9 is a well-reviewed application to file GST returns. It has been used for business management for a long time. This tool can efficiently adapt the tax info of your business and prepares returns accordingly. Also, you can choose its operating mode as per your business type. Tally ERP 9 can solve difficult tax calculations in a simple way. This tool can efficiently handle accounting and other financial aspects of your business.
Tally ERP 9 keeps all records of the clients and vendors. Its cost tracking feature helps you to avoid wastage of money. Besides, it manages all data relating to GST, VAT, excise, and service tax. As a result, you can limit the unwanted huge amount of tax. Tally ERP 9 also provides GST reports quickly to make you concerned about the tax issues of your business. Overall, this tool serves as an all-in-all solution for business management.
- Tally ERP 9 ensures accurate GST return filing.
- It provides 100% data security.
- This tool can synchronize data and prepare reports in different formats.
- It also supports the e-payment method.
E-file.com provides the fastest return filing experience to users. It can file a GST return in less than 15 minutes. Besides, it claims a maximum rate of the tax refund. Its online working policy saves your time with a pain-free return filing procedure. You just need to create an account and input the required info about earnings and deductions. E-file.com will efficiently analyze your data and file the return for you.
E-file.com offers both online filings and printed forms of returns. You can choose any model as per your need. It also offers customer care support. This tool ensures a quick tax refunding facility. This simple software can be the best companion to filing tax returns.
- E-file claims high-level accuracy in filing returns.
- It offers to file returns within a short time.
- It can maximize the tax refunds.
- This tool ensures the data security of the users.
- It is also good for data integration.
10. Hostbooks GST Software
Hostbooks Goods and Services Tax Software is a perfect one for filing returns and billing. You can solve all tax-related problems by taking assistance from this tool. This cloud-based application provides all GST return filing formats to choose the accurate one. Besides, it will notify you if it finds any mismatch. Its automated data validation feature ensures filing an error-free GST return. This tool can also migrate data from other software.
Hostbooks GST easily integrates data and uploads them to file returns. It can generate various MIS reports. Its auto calculation capacity of ICT and tax liabilities makes the software more user-friendly. Hostbooks GST increases the productivity of your business by saving time and managing the accounts. It also assists in the bill reconciliation process. You will enjoy a stress-free business life by including this GST application as your virtual partner.
- Hostbooks GST Software calculates accurate tax credits and liabilities quickly.
- It provides a simple user interface.
- This tool integrates data with other related software.
- It is also noteworthy for bill reconciliation.
- It saves money by maximizing tax refunds.
The tiring task of filing a GST return can turn into fun by using the GST application. These software are prepared to remove your extra tension to organize and manage tax-related functions. All of these mentioned tools are highly recommended to serve your purpose. Hopefully, you will try using any of those from the list. I’m assuring you that you won’t be disappointed. Please share your experiences with us through comments.