Received an E-Invoice? 9 Questions to Consider First

The e-invoice received from the suppliers will have the extra-information related to IRN. Hence, the recipients now need to verify the same and keep it for records.

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6 Tasks to Complete Before you Start your E-invoicing Journey

To start generating e-invoices, there are certain preparatory activities. Organizations can get started with these in parallel to getting their internal system and processes ready for e-invoices. In this article, we share all the important tasks that one needs to undertake before starting their e-invoicing journey.

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Practical challenges at different stages in e-invoicing

Practical challenges at different stages in e-invoicing. Challenges in the IRN preparation stage, generating IRN stage which also includes e-way bills, and the post IRN stage. Read more…

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Issuance of FORM GST DRC-07 for Vehicle Detained under Provisions of E-way Bill – Maharashtra Govt.

The Government of Maharashtra has released new instructions for the issuance of FORM GST DRC-07 for vehicles detained under the provisions of the e-way bill. Read more…

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How GST Rates Could Impact Your Business Strategy

The government seems resolute to bring in the GST regime soon. With activity happening at a frantic pace, it might not be too long before the new tax regime kicks in.

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E-invoicing Mandate Extended to Rs. 20 Cr. Turnover & Related Updates

As per the latest GST Notification 1/2022 released on 24th February 2022, e-invoicing has been made mandatory for all the B2B transactions from 1st April 2022 for all the entities with an aggregate annual turnover of Rs. 20 Cr. or more in any financial year from 2017-18 onwards. Read the complete article to know all the related changes.

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Ultimate Guide for E-invoicing Notifications and Updates

On 13th Dec 2019, Government notified the e-invoicing rules, its applicability and date from when the notified rules will be effective. In all there were 5 notifications and a summary of notifications.

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ITC-04 & Job Work: Charging GST on Goods not Owned

ITC-04 and Job Work under GST | Job Work includes outsourced activities that may or may not culminate into manufacture | Read more about due-date, format and filing here!

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The Curious Case of GSTR 2X | TDS & TCS claim | GSTR 2X Due Date

GSTR 2X return is filed by taxpayers who want to claim TDS and TCS credit. Here taxpayer will get auto-population of data from his counterparty who files GSTR 7 and GSTR 8. Read more about due date!

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Everything You Need to Know About TCS and GSTR 8

The TCS (Tax Collected at Source) collector is required to file a TCS return in form GSTR-8 within 10 days after the end of the given month.

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GSTR 7 and TDS Explained in 10 ‘Should Ask Questions’

Conceptually, TDS under GST is similar to TDS under income tax. In the GST regime, the deductor is supposed to declare the TDS deposits through a form – GSTR 7.

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GSTR 6: Here are11 Points to Know Before Filing GSTR 6

An ISD assures that the common expenditure and billings shared between an organization’s branches/sub-units is centralized.

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