The Indian Government introduced Goods and Service Tax(GST) to replace all other indirect taxes in the country. It is compulsory for businesses to implement the GST tax. Owing to its complex structure, Meetanshi has developed Magento GST India extension to assist Magento store admins to implement GST in the store.
Magento GST India extension integrates GST with Magento store. Automate the tax calculation in Magento store as per the Indian GST rules. Apply GST to the price of the product; a consumer who buys the product pays the GST in addition to the product price which is implemented with the module.
The business location and tax rate slabs play an important role in GST implementation but the module takes care of it. Moreover, the order documents like invoice, shipments, credit memos also include GST bifurcation in detail.
Benefits of Meetanshi's Magento GST India extension:
Apply GST globally, category specific and product specific.
Allows adding buyer GSTIN from the frontend.
Add GSTIN, CIN and PAN number to display in various order documents.
Admin can set and display the sales price of product inclusive or exclusive of the GST.
Set minimum product price to apply the set GST rate.
Set GST rate for the products having lesser price than the minimum set amount.
Business location based CGST-SGST and IGST calculation. If the business origin meets the destination location, CGST- SGST will be charged else IGST gets charged on product purchase.
Set GST rate for the product prices below the set minimum product price.
Automate the calculation of SGST, CGST, and IGST and add to Magento order subtotal.
Upload signature PDF and text to display in order invoice PDF.
All the order documents i.e order view, invoice, shipment, credit memo, Emails, and PDFs include the detailed bifurcation and explanation of GST.
Invoice PDF includes the state name and code.
Apply GST in shipping charges including or excluding GST
The calculation of the shipping GST will be implemented considering the same rate set for GST.
For more information, visit https://meetanshi.com/magento-gst-india.html