TCS under Finance Act & impact on E-invoicing | The Finance Act, 2020 has expanded the provision to include sale of goods also under the purview of TCS. Read more…
Delinking – Debit and Credit Note | Delinking of CDN from invoice, while reporting them in Form GSTR 1/GSTR 6 or filing Refund
The central government vide Notification no 49/2019 central tax dated 9/10/2019 has made amendments to CGST Rules, 2017.
Special Economic Zone or SEZ are dedicated geographical regions present in a country, providing businesses with simpler tax and legal compliance. Read all about E-invoicing and SEZ here
E-commerce operators are allowed to generate IRN on behalf of a supplier. Read all the details about e-invoicing for e-commerce operators here in detail.
The 41th GST Council Meeting by the finance ministry is touted to be held on August, 27th 2020 via video conferencing. Here are some of the expectations from the upcoming meeting.
GSTR 2B is a static statement of available ITC for the taxpayer generated on the basis of GSTR 1, GSTR 5 & GSTR 6 filed by recipients' counter parties before the 14th of the succeeding month
Read how you can to generatean E-way Bill using the IRP. Conditions for generation E-way Bill, cancellation process | E-invoicing and E-way Bill
The government is planning to change some specifications to ease the compliance process. Here are the upcoming GST return filing changes and its expected impact. Read more…
40th GST Council Meeting Highlights and Expectations with an easy to understand infographic. The meeting was held on 12th June 2020 via video-conferencing.
Did you know that the condition of 10% provisional ITC rule will apply cumulatively for Feb to Aug 2020. And any cumulative adjustment for input tax credit for these months can be reported in 3B of Sept 2020. Read the full article for detailed conditions for ITC Claim with screenshots.
GST News February 2020 | 39th GST Council Updates | eInvoicing and Purchase Cycle | IRIS Peridot 3.1 | New eInvoice API Specification
