Provisional ITC as per New Simplified GST Returns

Can I claim ITC on Provisional Basis once the new returns come in force? This question is asked by many purchasers many a times. The answer to this question has

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Direct Port Delivery (DPD) scheme under GST

CBIC, in an attempt to reduce the dwell time, improve supply chain efficiency and minimise the cost on logistics for EXIM (Export-Import), has undertaken various steps and initiatives. One of

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Service Exports From India Scheme

SEIS or Service Export from India Scheme is reward-based initiative from the government, which aims to elevate the export of certain notified services and eventually boost the economy. Under the

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Exploring Simplified GST Returns – Taxpayer’s Profile

GST 2.0, a.k.a the Simplified GST Returns is expected to simplify indirect taxation for the taxpayers, and provide a boost to the economy in India. But as they say, “Rome

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Concept of Pure Agent Under GST

Section 2(5) of the CGST act defines an agent as a person who carries on the business of supply and/ or reception of goods or services on behalf of another,

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Kerala Flood Cess – Rebuilding Gods Own Country

8th August 2018, Kerala witnessed the worst flood in the century, affecting over one-sixth of the total population of the state. The Chief Minister of the Kerala, Pinarayi Vijayan, has

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Issues in Export Refunds – Top Reasons Why Your Invoice data did not Transmit to ICEGate

ICEGate or Indian Customs Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway is the provider of e-filing services for the importers, exporters and other trading partners in India. With ICEGate, the user

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12 Mistakes to Avoid while Preparing Invoice Data

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. A well-prepared invoice data not

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How to transform ERP data to GSTN Validated Data in minutes

It is often said, “Change is the only constant”, thus inevitable. However, when it comes to finances and complying with the rules and amendments set forth by the government, the

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