Important GST Changes from 1st January 2022 – Tighter GST Rules in 2022

2021 went by in a jiffy and 2022 is waiting for us around the corner patiently! From all the changes that indirect taxation has undergone this year, it seems like the GST rules are getting tighter in 2022. We have collated all the important GST changes being applicable from 1st January 2022 that you need to be aware of! Let us look at the changes in major brackets one by one...

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Changes in Provisional ITC under GST – Latest Update

From all the changes that indirect taxation has undergone this year, it seems like the GST rules are getting tighter in 2022. We have collated all the important GST changes being applicable from 1st January 2022 that you need to be aware of! Let us look at the changes in major brackets one by one

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2021 Year End Wrap

2021 was quite a year full of ups and downs plus loads of GST changes to adapt to! In this article, we share the year’s GST changes and IRIS GST’s key product highlights. The GST Collections, e-invoicing implementation, changes in reconciliation patterns, how to claim maximum ITC are some of the themes in this article. And, we also talk about gearing up for 2022…

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2021 in Hindsight- Top 6 Defining Events of IRIS GST to Remember

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…

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Year in GST: Top 10 GST Updates and Law Changes in 2021

The year started with the e-invoicing mandate going live for Rs. 100 CR+ turnover companies in January 2021 and QRMP introduction and has ended with GSTR 9 self-certification. There have been multiple updates in between. We have collated for you the biggest GST updates and GST law changes that impacted the taxpayers in the year 2021…

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The 9th amendment of the CGST Rules 2021 – Latest Updates

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...

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The 8th Amendment of CGST Rules 2021 – Latest Updates

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.

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Invoice Reference Number (IRN) in E-invoicing under GST

Invoice Reference Number or IRN as it is usually called is a registration number provided by the government under the e-invoicing mandate to prove the authenticity of any B2B invoice generated by the businesses. It is one of the main components of an e-invoice. You can read all about IRN in the article and understand its intricacies in detail.

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Summaries of the latest GST circulars 165 and 166 – November 2021

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...

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Is Reverse Charge Transaction covered under E-invoicing?

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.

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E-way Bill no more in Silos – RFID, VAHAN, FASTag, GSTR 1 & E-invoicing

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.

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E-invoice API: Specifications | Access Mechanism | Versions | Updates

E-invoice New API Specification has been released today in line with the updated e-Invoice standard fields released early Feb 2020.

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