Adding GST Rate changes.
Features
| S.No. | Description | Type |
|---|---|---|
| 1. | GST Rate Changes | Enhancement |
GST Rate – Added 40% tax rate and in-active 12% tax rate: With this release, we have provided the option where the 40% tax rate will be applicable from 22nd September 2025, and the 12% tax rate will no longer be applicable from the same date.
Available Here: Settings → TAX Configuration → INDIRECT TAX (GST, VAT etc. Configuration) → GST Tax Settings
Please referrer below screenshot for your help.
GST Tax Settings
You can add ‘Effective From’ and ‘Effective Till’ in all section rates as per your requirement
You can add the revised rate from Inventory Tax Settings, which will be applicable from the specified date.
You can also bulk update the revised tax rate and tax effective date through the Inventory Update Import.
If any Sale/Bill is created with 12% before 22nd September 2025, a warning or error message will be shown. You can then change the rate as per your requirement.
We’re always excited to hear from you! If you have any feedback, questions or concerns, please email us at: qa@hostbooks.com.
