Ammending invoice heading to “TAX INVOICE” goa, India

1

India . Here as per tax laws , we need to print " Invoice " on services and "Tax Invoice " on materials where VAT is applicable . Hence both heading are required for me to generate invoices
In my state goa,
VAT (5 %) = TAX INVOICE
CST@2% = TAX INVOICE.

These VAT rates are for Goa state in India .

I will really be thankful if you can add these to start with.
Other way round, it will be more easier for me if you allow to choose between INVOICE / TAX INVOICE for customized taxes. There are way too many in India.

2

The way these country-specific tax codes and invoice headings are being handled is through open source extension called “Manager Extensions”

https://github.com/lubos/ManagerExtensions

Yes, there are many states in India with many different VAT rates, but there are also a lot of businesses in India. It’s wasteful to try make every business set up their VAT scheme if the software could have it in-built. Not to mention, by having those tax codes in-built, it opens possibility for country-specific tax reports, online lodgement functionality etc.

Anyway, VAT rate is clear. Is CST rate only applicable in Goa or it is global rate for whole India?

3

Thank you for your prompt reply. And yes CST rate global in India.

4

The in-built CST rate Manager has at the moment is 4%. Could you shed some light on it? How many CST rates are out there?

5

central sales tax(CST) 2% with c form document ,
with out c form 4%

6

central sales tax(CST)rate is two type
one is 2% with c form document ,
second is with out c form document 4%
please reply