The IRISGST Times
Volume 55 | July, 2022
Inside
THE ISSUE
July 2022 – a month of massive changes both at IRIS GST and at the GST front at large!
The beginning of a new month, a fresh start that offers an opportunity to achieve greater heights. Here at IRIS, we saw some major changes – A rebranding exercise that defines our core value system as a company. Plus, the government released a bunch of new GST updates that kept us on our toes throughout the month!
In this newsletter, we cover detailed articles on the new updates in GSTR 3B and ITC eligibility, Consequences of non-compliance of e-invoicing and Grounds for GST Appeals. In the product highlight section, we have a piece of positive news to share… IRIS is now an official IRP (Invoice Registration Portal) authorised by the government of India.
And, yes, we also have the GST Compliance Calendar for August 2022 so that you never miss a GST due date. Happy Reading!
Regards,
Meghana Pawar,
Editor, IRISGST Times
Latest GST News Updates
Recently, GSTN released an advisory related to the implementation of mandatory mentioning of HSN codes in GSTR-1. Read all the updates here: Top GST News of the month
Reader’s Choice of the Month
Our most popular article for the month is – 47th GST Council Meeting Highlights.
Top Finance News of the Month
The rupee was trading at 79.78 per US dollar on 28th July 2022, stronger than 79.90 to a dollar at the previous close. With the BSE Sensex and the NSE Nifty both trading 1 per cent higher, a significant rise in the domestic stocks also boosted the rupee.
GST Updates
Product Updates
Say hello to IRIS IRP, everyone!
We are happy to inform you that IRIS is now an official IRP (Invoice Registration Portal) authorised by the Government in June 2022 to support the e-invoice generation requirements of GST taxpayers.
IRIS IRP offers a stable and secure connection for taxpayers to generate IRN (Invoice Registration Number) for their e-invoices with a 99.9% uptime. The taxpayers can connect their ERPs via API Integration or use our multiple interfaces like web, app (planned) or excel utility and generate e-invoices seamlessly. Additionally, it also offers AI and ML solutions around invoice data for CFOs to streamline their AP and AR cycles and manage better cash-flows.
It is built by the experienced team of IRISGST – Best Tax Technology Solution Provider, a GSP since 2017 and the only listed RegTech with 22 years of experience under its belt!
IRIS IRP can help you:
- Generate IRNs using your ERPs via API Integration
- Generate e-invoices one-by one-using web application
- Use Excel Utility for on-premise solution requirements
- Upload batch data on cloud application for segregated teams
Why choose IRIS IRP?
- IRIS GST has generated more than 20 Million IRNs with a 99.99% success rate since e-invoicing was first introduced in October 2020.
- IRIS is an industry-recognised technology partner
- IRIS GST is known for its domain expertise
- 24/7 Support from our team
With IRIS IRP you can get access to many more features beyond just the e-invoice mandate.
If you have any questions regarding the new e-invoicing mandate or questions about generating e-invoices or IRIS IRP, please feel free to e-mail at support@irisgst.com and we will get back to you as soon as possible.
Testimonial
“We have been associated with IRIS GST since February 2020 and are satisfied with their services”
“We have been associated with IRIS GST since February 2020 and are satisfied with their services, especially for real-time support. The IRIS GST team has not only helped us with our GST return filing but has also taken care of our e-invoicing and IRN generation seamlessly. We truly appreciate their 24/7 customer support. Their team continuously keeps updating with the latest development of the portal and keeps us updated on the GST law front and aids us in implementation as well. Overall, we are pleased to use IRIS GST Software and IRIS E-invoicing for our GST Compliance and E-invoicing requirements.”
– KEYUR DHAMI
Sr. Manager – Taxation, Jeena Group Of Companies
GST Compliance Calendar
We as a company strongly advocate growth and want all our readers, users and clients to grow with us! Thus, from our premium products to all the free resources that are created for you, we ensure excellence and value.
Here is a comprehensive image of the GST Compliance Calendar that helps you be GST compliant. It has all the GST Compliance Due dates for August 2022 so that you never miss a GST due date!
Click here to read: GST Due Dates – August 2022 Calendar
By C.A. Samaira Tolani
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