A guide to help businesses and taxpayers stay updated with the latest GST advisories and portal functionalities.
Here’s the Year-end GST Checklist to help businesses with an efficient financial planning and smooth GST compliance journey.
Every registered taxpayer with a turnover of more than Rs. 2 Cr. needs to file the annual return in GSTR 9 form. It is an elaborate form with several parts and sub-parts.
Checklist for taxpayers to consider before filing their GST Returns in November to claim ITC and amend sales/CDN timely. Read more here
There have been quite a few GST rule changes, new functionalities and features released on GST system recently | Latest GST and E-invoicing Updates Simplified
The pure agent makes a payment to a third party, on behalf of the recipient, for procuring a supply when the contract for the supply of services procured is between the third party and the recipient.
Learn how the new changes in Tax Collected at Source (TCS) on overseas travel packages in India from 5% to 20% will impact the cost of travel for customers and travel companies
Lifecycle of an Invoice under GST: This article aims to simplify the various stages involved, highlighting how the data passes through different stages and various GST returns.
Invoice Reference Number or IRN as it is usually called is a registration number provided by the government under the e-invoicing mandate to prove the authenticity of any B2B invoice generated by the businesses. It is one of the main components of an e-invoice. You can read all about IRN in the article and understand its intricacies in detail.
The supply goods and/or services is done under bond or LUT, without payment of IGST. In such scenario, the exporter can claim a GST refunds on export of the unutilized ITC available for CGST, SGST and IGST.
Invoicing your sales, no matter how basic it may sound, is an essential aspect of business that every taxpayer registered under GST needs to master.
One person company under GST is a business structure that allows a single individual to operate a company without requiring a partner.