The year 2021 has been a rollercoaster ride for many of us. We are sure you must have experienced some good parts and some not-so-good phases this year. We at IRIS GST had our fair share of happiness and we can’t thank you all enough! Going down memory lane, sharing the wonderful milestones we were able to achieve throughout the year with your constant support and love. Read on…
9th amendment of the CGST Rules 2021 | The 9th Amendment of CGST Rules 2017 was recently updated by the CBIC by exercising the powers conferred by section 164. Read more...
The 8th Amendment of CGST Rules was recently updated by the Central Board of Indirect Taxation and Customs (CBIC) via GST Notification 35/2021 - Central Tax, dated 24-09-2021. The changes were made to update and amend the existing CGST Rules 2017. There are multiple changes to the act. You can read the full article to get the complete details.
Summaries of the latest GST circulars 165 and 166 - November 2021 | Circular 165 offers clarification regarding the applicability of Dynamic QR Code on B2C invoices while 166 offers clarification regarding refund-related issues...
E-invoicing starts in a month and the onus of creating invoices and getting them registered on the Invoice Registration Portal (IRP) lies on the Supplier.
With RFID, VAHAN, FASTag, GSTR 1 matching and E-invoicing coming into the picture, the E-way bill has become an important document and hence the businesses need to consciously define their long-term strategies around E-way Bill Management. Let us understand the importance of all these components and their relation with E-way Bills here in this detailed article.
E-invoice New API Specification has been released today in line with the updated e-Invoice standard fields released early Feb 2020.
E-invoicing model has been adopted by many countries globally with varying implementation models. The Indian adoption consists of following components.
E-invoice QR Code will make its mark on all B2B invoices and will be unique for every invoice. | QR Code and E-invoicing | E-invoicing and B2B QR Codes | B2B E-invoices. Read more…
Falling Under The E-invoice Criteria? Here Are Mistakes To Avoid | E-invoice Preparation | E-invoicing in India | E-invoicing under GST
Read the Summary of GST Circular 164. It is all about GST Rates and Classification of Goods/Services | Latest GST Circulars and Notifications
Summary of GST Circular 161 talks about clarification relating to the export of services-condition (v) of section 2(6) of the IGST Act 2017. Read here…