Bengaluru: Businesses across India are preparing for revised GST rates that will come into effect from September 22, 2025, leaving MSMEs and retailers with the urgent task of updating their billing and compliance systems.
The changes are critical, as all invoices – whether e-invoices or traditional bills – must reflect the new GST rates from day one. Any delay could result in compliance challenges during the upcoming October–November filing season.
TallyPrime GST Compliance Features Enable Quick Updates
To support businesses in navigating this time-sensitive transition, TallyPrime GST compliance features allow users to revise GST rates in just a few clicks. The platform’s in-built flexibility helps reduce last-minute stress by offering bulk updates instead of manual adjustments for each product.
Also Read: MoFPI–CII CEO Interaction: Industry Leaders Commit to Passing on GST Benefits to Consumers
Businesses can update GST rates through multiple methods:
- Item Group Level: Apply new rates to an entire group of products automatically.
- Ledger Level: Adjust GST rates at the ledger level for use across multiple transactions.
- Company Level: Set a common GST rate across all items and transactions, ideal for businesses where most products fall under a single slab.
This functionality ensures that businesses, regardless of whether they manage 50 or 5,000 items, can stay compliant without relying on technical support.
TallyPrime Empowers Businesses to Stay Compliant from Day One
“With TallyPrime, businesses can remain fully compliant from Day 1 of the GST rate change, while continuing to focus on growth,” said Tejas Goenka, Managing Director, Tally Solutions. He added that the company had anticipated the GST revisions and has been proactively guiding users through blogs and resources.
Also Read: Indian Tyre Industry Set for 12-Fold Revenue Growth by 2047, Says ATMA PwC Report
TallyPrime GST Compliance Simplified
By integrating bulk update features and error correction mechanisms, TallyPrime GST compliance tools reinforce the company’s commitment to making compliance effortless and business-friendly. The solution empowers MSMEs and retailers to remain focused on business growth during the busy filing season.