CBIC has introduced a new Automated Return Scrutiny Module for GST returns in the ACES-GST backend application for Central Tax Officers.
E-invoicing has been the biggest and one of the most talked-about changes when it comes to GST in 2020. Read all about E-invoicing and its applicability with following heads/parameters...
For taxpayers with AATO higher than or equal to 100 Cr, the Govt. has decided to impose a 7-day e-invoice generation limit on the e-invoice IRP portals. Read more...
Advance Ruling under GST is a legal mechanism that provides clarity and certainty to taxpayers regarding the applicability of GST laws and regulations.
Under GST, taxpayers can seek an Advance Ruling from the Authority for Advance Ruling (AAR) on various matters related to the supply of goods or services or both being undertaken or proposed to be undertaken by the taxpayer.
In this article, we will discuss 9 things that businesses need to check before paying their GST interest liability to ensure that they are not overpaying or underpaying their tax dues.
One person company under GST is a business structure that allows a single individual to operate a company without requiring a partner.
E-invoicing and AP Automation | With the introduction of GST, the invoice data became available to the companies via GSTR 1, GSTR 2A and now also GSTR 2B. This helped in building AP automation products around GST data.
GST Year-End Checklist: 14 Tasks To Be Completed before 31st March 2023 | Latest GST Changes you need to be aware of! Read more...
Assessment under GST is a process by which the tax authorities examine the returns filed by taxpayers to verify the correctness of their tax liability. Read more...
Rule 46 (b) of the CGST Rules 2017 suggests that any tax invoice should have a 16 character alpha-numeric invoice number unique for a financial year.
Learn how a litigation management software can help you effectively manage tax litigation – Pre-GST and GST litigation, GST Audits and Legal Notices.
