The 37th GST council is likely to discuss the following issues in the upcoming meeting:Reduction of GST Rates in Auto Sector,Review return filings,ITC treatment in the healthcare sector,Review present Revenue Position,Single Authority Mechanism for Export Refunds.
Sabka Vishwas (LDRS) Scheme 2019 | Procedural Aspects of Sabka Vishwas Scheme | IRIS Sapphire: Enhanced GSTR 3B Auto-Computation | Upcoming Product Updates
The 36th GST Council Meeting was held on 27th July 2019 with the prime agenda being – reduction of GST rates applicable on Electric Vehicles.
36th GST Council Meeting Highlights| Part IV and Part V of GSTR 9 Explained | IRIS Sapphire: GSTR 1 and EWB Reconciliation | Upcoming Product Updates
GSTR 9 Clarification | Transition plan for Simplified Forms | IRIS Garnet and Upcoming GST Updates | Simplified Forms
The GST Council meeting held today under the chairmanship of newly elected Union Finance Minister Mrs. N Sitharaman was long awaited by the tax community.
The Annual Return in the form GSTR-9 for FY 2017-18 is to be filed by 30th June 2019. However, there have been many inconsistencies in the form requiring suitable amendment therein.
8 Questions to ask before finalizing your next GST software | Simplified GST Return Form’s Prototype Released | IRIS Sapphire: GSTR 9 Updates | GST to implement E-Invoicing Module | 14 Cases Where Input Tax Credit (ITC) cannot be Claimed
ICEGATE with Simplified Auto-Registration | IRIS Sapphire - Business Intelligence Tool | IRIS Sapphire - Insights and Reports | ITC Claim When Consideration is Paid through Book Adjustment
It is important to compare invoices, which itself could run into large numbers, and identify the matches and differences. It is also necessary that the differences itself are analysed so that the corrective actions can be taken.