The Year That Was: IRIS GST In 2024

2024 was a year of bold strides, significant achievements, and an unwavering commitment to simplifying tax compliance for businesses in India and beyond.

Share
Guidance Note on Invoice Management System (IMS)

Invoice Management System (IMS) enables taxpayers to match their invoices with those issued by suppliers, ensuring the correct claim of Input Tax Credit (ITC).

Share
GST Compliance Calendar – January 2025

GST Compliance Calendar for the month of January 2025. Never again miss a GST due date with our comprehensive Calendar for GST Due Dates January 2025.

Share
E-Way Bill and E-Invoice System Updates Effective from1st January 2025

The GSTN has announced significant E-Way Bill and E-Invoice system updates effective from 1st January 2025. These changes are designed to enhance compliance, security, and integration with other systems.

Share
GST Updates 2024: 10 Key GST Updates and Developments of the Year

Here’s a quick recap of the top GST updates 2024 and their impact on the business community | GST Updates 2024

Share
Top GST News for the Month | Latest GST Updates

GST is a dynamic law and is changing frequently. Stay updated with the latest GST News and Notifications. All the latest GST updates in one place!

Share
55th GST Council Meeting: Key Highlights

The 55th GST council meeting is set to take place on December 21st, 2024, in Jaisalmer, Rajasthan | Key Expectations and Agenda

Share
Form GSTR 9: Categories, Applicability, Parts & Sub-Parts, Preparation, & Filing

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.

Share
Form GST DRC-01A: A Crucial Step in GST Dispute Resolution

Form GST DRC-01A plays a pivotal role as a preliminary intimation to taxpayers regarding discrepancies or liabilities identified by tax authorities.

Share
Table 4 and 5 of Form GSTR-9 Explained: 10 Step Guide to Outward Supply

In this part, you need to provide consolidated details of all your outward supplies and advances received on which tax is applicable during the financial year for which the return is filed.

Share
RCM Time of Supply Rule Changes Effective from 1st November 2024

The CBIC has revised GST Reverse Charge Mechanism rules effective November 1, 2024, impacting RCM transactions and input tax credit claims.

Share
Supplier View in IMS: Supplier Role, Addressing Common Errors, Invoice Rejections Affect Supplier Liability

The Invoice Management System (IMS) has been a pivotal tool under the GST framework, aiding taxpayers in invoice reconciliation and Input Tax Credit (ITC) management.

Share