Region
GST that splits itself
CGST, SGST, IGST.
Pick India and Vinance sets the rupee, captures GSTIN and HSN codes, applies the right slab, and chooses CGST plus SGST or IGST from the place of supply, with a return in the GSTR-3B and GSTR-1 shape.
CGST, SGST, IGST, sorted
The right split, decided by where you ship.
India's GST is one tax collected two ways. Sell within your own state and it splits into Central GST and State GST; sell across a state line and it becomes a single Integrated GST at the combined rate. Getting that wrong is the classic GST error. Vinance reads the place of supply against your registered state and applies CGST plus SGST or IGST automatically, so an 18% sale in Maharashtra shows 9% CGST and 9% SGST, while the same sale to Karnataka shows one 18% IGST line.
- Intra-state sales split into CGST and SGST automatically
- Inter-state sales charged as a single IGST line
- Place of supply drives the split, not manual selection
- Rupee amounts shown in the lakh and crore grouping India uses
TAX INVOICE 1042
Same-state sale at the 18% slab, split into CGST 9% and SGST 9%. Buyer and seller GSTIN and the HSN code sit on the invoice.
GSTIN, HSN, and the slabs
Every field a GST invoice has to carry.
A compliant tax invoice needs the buyer and seller GSTIN, the HSN code for goods or SAC for services, the place of supply, and the correct slab. Vinance captures all of it: your customers store their 15-character GSTIN, items carry their HSN or SAC, and the standard 0, 5, 12, 18, and 28 percent slabs are ready to pick. Reverse-charge purchases and exports (zero-rated, with or without a bond) are handled as their own treatments.
- 15-character GSTIN on your company and on each customer
- HSN and SAC codes on items, printed on the invoice
- The 0, 5, 12, 18, and 28 percent slabs built in
- Reverse charge and zero-rated exports captured correctly
TAX INVOICE 1043
Different-state sale at 18%, charged as a single IGST line. Vinance picks CGST+SGST or IGST from the place of supply.
Returns from the ledger
Your GST position, netted and ready to file.
Because every taxed line posts to the books, Vinance keeps a running GST position: output tax on sales, input tax credit on purchases, and the net you owe, laid out in the shape of the GSTR-3B summary and the GSTR-1 outward-supplies detail. E-invoicing through the government IRP, where you register an invoice to get an IRN and a signed QR code, is mandatory above the turnover threshold; Vinance builds invoices with the fields that flow needs, and IRP registration and GSTN filing are planned.
- Output tax, input tax credit, and net GST kept live
- Laid out in the GSTR-3B summary and GSTR-1 detail shape
- Drill from any figure to the invoices and bills behind it
- IRP e-invoice registration and GSTN filing are planned
What the profile configures
Everything the India profile sets up.
Turn it on once, and these follow through sales, purchases, and reports for the whole company.
Indian rupee (INR)
Base currency set to the rupee, formatted in the lakh and crore grouping, on every document and report.
CGST, SGST & IGST
The right split chosen from the place of supply: CGST plus SGST within a state, IGST across state lines.
The GST slabs
The standard 0, 5, 12, 18, and 28 percent rates ready to apply, with exempt and nil-rated handling.
GSTIN & HSN capture
The 15-character GSTIN on your company and customers, plus HSN and SAC codes on items and invoices.
Reverse charge & exports
Reverse-charge purchases and zero-rated exports, with or without a bond, handled as their own treatments.
Returns & e-invoice fields
A live GST position in the GSTR-3B and GSTR-1 shape, with invoice fields ready for IRP registration (planned).
Frequently asked questions
Does Vinance handle CGST, SGST, and IGST correctly?
Yes. Vinance reads the place of supply against your registered state and splits an intra-state sale into CGST and SGST, or charges a single IGST line on an inter-state sale, at the correct slab, automatically.
Which GST slabs are supported?
The standard 0, 5, 12, 18, and 28 percent slabs are built in, along with exempt and nil-rated handling and reverse-charge treatment on qualifying purchases.
Does it capture GSTIN and HSN codes?
Yes. Your company and each customer store a 15-character GSTIN, and items carry their HSN (goods) or SAC (services) codes, which print on the tax invoice as the rules require.
Can Vinance file GST returns or generate e-invoices?
Vinance keeps a live GST position in the shape of the GSTR-3B summary and GSTR-1 detail, and builds invoices with the fields the government IRP e-invoicing flow needs. Direct IRP registration (IRN and signed QR) and GSTN filing are planned.
Can I bill foreign customers in their currency?
Yes. Export sales can be billed in the customer's currency and treated as zero-rated, while your books and GST stay in rupees. See multi-currency & tax.
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