If you’re running a business in India, you’re already familiar with the importance of GST compliance. One of the most critical elements of this is issuing a proper tax invoice under GST. Whether you’re a small trader, a wholesaler, or managing a large retail operation, keeping up with GST invoicing rules can be a bit overwhelming—especially when your business is growing. This is where GST billing software steps in to make life easier.
But the big question remains: Which GST Billing Software is best for managing tax invoice under GST? Let’s dig into the features you should look for and why MargBooks is becoming a top choice for Indian businesses.
Understanding a Tax Invoice Under GST
Before choosing the right software, let’s quickly understand what a tax invoice under GST entails.
As per GST regulations in India, a tax invoice is a document that a registered seller issues to the buyer when a taxable sale occurs. This invoice must include:
- Name, address, and GSTIN of both parties
- Invoice number and date
- HSN/SAC code of goods/services
- Description and quantity
- Rate and amount of tax (CGST, SGST, IGST)
- Place of supply and delivery
- Signature of the issuer
Now, that’s a lot of details to keep track of manually. That’s why automating this process using GST billing software makes complete sense.
What to Look for in a GST Billing Software?
With multiple software options in the market, it’s easy to feel lost. Here’s what you should be checking before making a decision:
GST-Compliant Invoicing
Your software should be able to generate GST-compliant invoices in various formats (B2B, B2C, export invoices, etc.).
Real-Time GST Calculations
Look for a solution that does auto-calculations of GST rates depending on the product, service, or location.
E-Invoice Generation
As e-invoicing becomes mandatory for more businesses, your software should support this seamlessly.
Filing Made Easy
Filing GST returns like GSTR-1, GSTR-3B, and matching invoices should be a part of the tool.
Online Access
Online GST billing software allows you to manage invoices and GST data from anywhere, anytime.
Why MargBooks is a Top Pick?
Among several software options, MargBooks has carved a niche for itself with its simplicity, compliance, and cost-effectiveness. Here’s why MargBooks is considered one of the best tools to manage a tax invoice under GST:
1. Fully GST-Compliant
MargBooks is updated in line with the latest GST rules and guidelines. It generates error-free tax invoices that include all the necessary fields and correct tax amounts.
2. Customised Invoice Templates
Whether you want to send a tax invoice, proforma invoice, or delivery challan, MargBooks provides editable templates suited for various industries.
3. Cloud-Based GST Billing Software
Being an online GST billing software, MargBooks allows you to work from anywhere. Whether you’re on a laptop in your office or checking reports from your mobile on the go, all data is accessible in real time.
4. Automated Tax Calculations
No more manual calculations. MargBooks automatically picks up the right GST rate based on HSN/SAC codes and customer location (intra or inter-state).
5. Built-in E-Invoicing and E-Way Bill Generation
As e-invoicing and e-way bills become mandatory for more businesses, MargBooks helps generate them instantly, saving time and avoiding penalties.
6. Smart Reports and Dashboards
MargBooks gives you access to smart GST reports like GSTR-1, GSTR-3B, and sales/purchase summaries. This makes it easier to match invoices and file returns accurately.
Benefits of Using Online GST Billing Software Like MargBooks
Switching to an online billing solution like MargBooks isn’t just about compliance—it adds real value to your business operations:
- Saves Time: Generate invoices in seconds
- Reduces Errors: Auto calculations and validations minimise human mistakes
- Enhances Credibility: Professionally formatted invoices leave a better impression on clients
- Boosts Productivity: With automation, your team can focus more on sales and less on paperwork
- Data Backup and Security: Your data stays safe on the cloud, even if your system crashes
Who Should Use MargBooks?
MargBooks is ideal for:
- Retailers and wholesalers
- Traders and distributors
- Service-based businesses
- Manufacturers
- Small and medium enterprises (SMEs)
In short, if you’re a GST-registered business issuing a tax invoice under GST, MargBooks is worth considering.
Final Thoughts
Managing a tax invoice under GST doesn’t have to be stressful. With the right GST billing software, especially an online GST billing software like MargBooks, you can stay compliant, save time, and bring professionalism into your invoicing process.
So, whether you’re just starting out or looking to upgrade your current system, give MargBooks a try—it might just be the smartest move you make for your business this year
