After a very long time I am coming back to latest version of PostBooks.
I have a very basic question. Does PostBooks support GST as per Indian Standard?
In India there are three types of GSTs:
- IGST (for exporters)
- CGST (for selling anywhere in India)
- SGST (for selling in the same state in which the company is located)
What I am looking for in GST is:
Being able to maintain all calculation and accounts of Input GST (GST paid when purchasing) and Output GST (GST collected on sales)
Generation of GST Return 1, 2 and 3
History of GST Returns filed and paid up