E-invoicing in India- a Promising Reality for a Seamless GST Compliance

This new invoicing system is expected to be rolled out on a volunta...

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37th GST Council Meeting Highlights – Optional Annual Returns for Small Taxpayers

The 37th GST council is likely to discuss the following issues in t...

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Direct Port Delivery (DPD) scheme under GST

CBIC, in an attempt to reduce the dwell time, improve supply chain ...

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Reversal of ITC for Real Estate Developers

Input Tax Credit (ITC) by applying the formula stated in Annexure o...

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Service Exports From India Scheme

Service Export from India Scheme is reward-based initiative from th...

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Procedural Aspects of Sabka Vishwas (LDRS) Scheme

What is Sabka Vishwas – Legacy Dispute Resolution Scheme? Sab...

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Sabka Vishwas – Legacy Dispute Resolution Scheme (LDRS)

The Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019,(SVLDRS)...

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36th GST Council Meeting Highlights – Building up the EV Sector

The 36th GST Council Meeting was held on 27th July 2019 with the pr...

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Part V of GSTR 9 Explained: Particulars of Transactions Declared in Monthly Returns

The annual return is divided into 6 parts, Part I covers basic deta...

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Part IV of GSTR 9: Declaring the Actual Tax Paid during the Year

GSTR 9 Annual Return preparation is round the corner. With due date...

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GST Treatment of Secondary Discounts or Post-Sales Discount

CBIC vide Circular No. 105/24/2019-GST dated June 28, 2019, has cla...

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Necessary actions to be taken for GSTR 9 and GSTR 9C – CBIC Press Release

Although the due date to file the annual return forms has been exte...

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