Mumbai March 1 (IANS) In the wake of the decision to implement the Electronic Way Bill (E-Way Bill) under the GST regime from next month business software provider Tally Solutions has launched its latest product Tally.ERP 9 Release 6.4 to aid effective E-Way Bill compliance the company has announced.
The product is priced at Rs 18 000-plus GST for a single user edition and Rs 54 000-plus Goods and Services Tax (GST) for a multi-user edition "the same as earlier" a Tally Solutions release said here.
As a mechanism under GST the E-Way Bill helps reduce tax evasion and ensures seamless inter-state transportation of goods with minimal loss of time at check-points.
"With the introduction of E-Way Bill invoicing will become a more frequent activity than before. Businesses will be required to record sales invoices and then generate the E-Way Bill. Invoice generation and dispatching of goods will have to take place simultaneously " it said.
Commenting on the launch Tally Executive Director Tejas Goenka said the company has also extended a solution to businesses "who have registered under the composition scheme who can now generate bill of supply and file GSTR-4 with ease".
"We have made a conscious attempt to make the solution flexible to accommodate various exceptional circumstances that different businesses might find themselves in while complying with the new reform " he said in a statement here on Wednesday.
Tally said the single user edition of the software can be purchased with a down payment of Rs 5 287 while the balance amount can be paid in equal monthly instalments over a period of seven months.
--IANS
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