The Plugin allows You To apply GST (Goods and services tax) on product and also category-wise.
This plugin helps apply GST New Rule of Tax Inclusive to your product rate, you can also apply the tax on the base product as well as on the category
GST is a multi-stage, comprehensive and destination-based tax in India
It has replaced many indirect tax laws which exist previously in India where the tax is collected by the State where goods are consumed.
So it is a one nation one tax law of taxation for the entire country.
Features of TMD GST WooCommerce Plugin (Inclusive & Exclusive of Tax)
GST brings one uniform indirect tax in all states, so it is easier for you to define a universal one-tax rate for your product on the product master.
It also enables you to define category-wise GST rates under the category section
Also, you can assign multiple categories and multiple products under one tax rate.
Change or edit your tax rate any time you want depending on tax laws rate, product, and category whenever you want.
And also define your GST Name as per tax slabs
Also, you can modify the invoice template to show the GST for each product and select different rates product-wise.
HSN Report is a summary of all the products and services sold over a month or a period.
And the HSN-wise report is auto-generated under TMD GST WooCommerce Plugin reports
So you can verify it and upload your correct data to the GSTN portal. available option in Paid mode.
In order to file your monthly HSN summary, you can export your HSN register to an XLS file and TMD GST for WooCommerce provides you with the option to directly export it from your website report ( Available option in paid mode ) .
So you can copy and paste it to other sources for creating your perfect reports for filing your returns, available option in Paid mode.
You can fix your location from the master settings to set up your base location with your OpenCart store.
Depending on your base location, the GST module assigns required taxes to local sales or interstate sales.
So, suppose your base location is in Tamil Nadu, the Plugin will identify all of your sales orders from Tamil Nadu and set local GST to your orders, i.e CGST and SGST as per the location identified.
And if the orders are from a different location it will identify and match your base location and set IGST to all orders if your business master location does not match with orders placed from a different location.
Benefits of GST for E-commerce Trade:
Defined treatment for e-commerce
Mitigation of cascading and double taxation
Online simple procedures under GST
Simple Tax regime
Regulating the unorganized sector
Composition scheme for small business
Increased efficiency in logistics
Development of a common national market
Fewer rates and exemptions
Reduction in the multiplicity of taxes
1.Upload the plugin files to the /wp-content/plugins/ directory, or install the plugin through the WordPress plugins screen directly.
1. Activate the plugin through the ‘Plugins’ list screen in WordPress
1. Configure GST for WooCommerce -> Settings