The IRISGST Times
Volume 60 | December, 2022
Inside
THE ISSUE
It’s time to bid goodbye to 2022 and welcome the new year – 2023 with zeal.
We, at IRIS, had a transformational year with a brand upgrade and loads of new product updates. Since you have been an integral part of our journey, we want to express our gratitude for your continued partnership.
We hope that the new year brings you happiness, prosperity, and success. Thank you for your trust and support, and we wish you a very happy new year!
Here, in this newsletter, we share multiple interesting articles and new details about IRIS Credixo – GST Lending Solution. And, yes, we also have the most popular section – the GST Compliance Calendar for January 2023 so that you never miss a GST due date.
Happy Reading!
Regards,
Meghana Pawar,
Editor, IRISGST Times
Latest GST News Updates
Read the clarification to deal with difference in ITC availed in GSTR-3B as compared to that detailed in GSTR-2A for FY 2017-18 and 2018-19: Top GST News of the month
Reader’s Choice of the Month
Our most popular article for the month is – 7 Major GST Changes October 2022 onwards. Click the link to know all the changes in detail!
Top Finance News of the Month
Income Tax exemption limit likely to get extended from Rs. 2.5 lakh to Rs. 5 lakh. This change may probably be announced in Budget 2023.
GST Updates
E-invoicing for E-commerce Operators
E-invoicing for E-commerce operators | E-commerce operators need to generate IRN on behalf of their suppliers.
IRN Cancellation: All About E-invoice Cancellation in Detail
IRN Cancellation: Reason for IRN Cancellation | IRN Cancellation: All About E-invoice Cancellation in Detail | IRIS IRP
E-invoicing and ITC Claim: Positive Impact of E-invoicing on GST Reconciliation & ITC
E-invoicing and ITC Claim: Positive Impact of E-invoicing on GST Reconciliation & ITC | 3 Blind Spots to be aware of before including E-Invoicing in GST Reconciliation process
E-invoicing for E-commerce Operators
E-invoicing for E-commerce operators | E-commerce operators need to generate IRN on behalf of their suppliers.
IRN Cancellation: All About E-invoice Cancellation in Detail
IRN Cancellation: Reason for IRN Cancellation | IRN Cancellation: All About E-invoice Cancellation in Detail | IRIS IRP
E-invoicing and ITC Claim: Positive Impact of E-invoicing on GST Reconciliation & ITC
E-invoicing and ITC Claim: Positive Impact of E-invoicing on GST Reconciliation & ITC | 3 Blind Spots to be aware of before including E-Invoicing in GST Reconciliation process
Product Updates
IRIS Credixo-GST Data-based Lending Solution
It is a platform for fetching consent based data of a taxpayer.
IRIS Credixo (Data based Lending solution) stands at the intersection of Data and Lending Experience. It allows lenders to grow volumes, stand out from the competition and gather meaningful customer data to provide seamless “lending in the box” credit experience and design tailored customer journeys.
IRIS Credixo APIs can embed into your existing credit appraisal or loan origination systems. Alternative, institutions can also build new applications and expand to new use cases based on the GST data available. A full-blown web-application is already set-up for IRIS Credixo, which help data users i.e. the banks and fintechs to visualize the spread of GST data for lending.
Credixo offers set of APIs covering publicly available GST data and consent based data filed in GST returns. Additionally pre-processed data sets, reports and insights are also available as enhanced data APIs which can quickly plug into any system. Banks, lending institutions and fin-techs can integrate these APIs in their credit models and provide faster and seamless lending experience to the MSMEs.
What’s New?
We have completed full optimization in IRIS Credixo. This optimization will help in faster processing of orders placed.
Along with this, we have also added a webhook facility for the API users. So, now after order is complete, a notification of completion will be sent on the URL specified by API user in the request. Once the notification is received the results can be fetched.
Want to know more about IRIS Credixo? Click the link below and get in touch with us!
Testimonial
“IRIS GST Software brings ease in our ITC recon and monthly compliances, helping us focus on other crucial aspects of our business”
“We have been using IRIS GST Software for a while now. Quite happy with the ease it brings in our ITC reconciliations and monthly compliances, it helps us focus on other crucial aspects of our business. Chellamuthu, our Customer Service Manager, is prompt and available 24*7! Cheers to the team IRIS.”
– ANISH KULKARNI,
Manager (Finance), Kirloskar Chillers Private Limited
GST Compliance Calendar
GST Due Date Calendar for the new year! Here is a comprehensive image of the GST Compliance Calendar that helps you be GST compliant. It has all the GST Compliance Due dates for January 2023 so that you never miss a GST due date!
Click here to read: GST Due Dates – January 2023 Calendar
By C.A. Samaira Tolani
Every feedback, be it via comments, replies on Social platforms or emails is always welcome. Thank you for appreciating our efforts and staying connected.
CONTACT US
Have feedback for us? Want to request for our product demos? Please reach out to us at
Leave a comment