GST E-invoicing in India: 7-Steps of E-invoice Generation

Clearing the fog about a major misconception surrounding the E-invoice generation, it is not mandatory for a taxpayer to generate E-invoice through the government’s tax portal.

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E way bill generation for transporters using Common Enrolment Number

Common Enrolment number is a 15-Digit unique number available exclusively for transporters registered in multiple states under a single PAN, for the generation and updation of their EWB.

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GST integrates FASTag with Eway bill

The integration of GST EWay Bill with FASTag, envisaged in January 2019 with the revenue department setting up an officers committee to integrate e-way bill, FASTag and Delhi-Mumbai Industrial Corridor’s (DMIC’s) Logistics Data Bank (LDB) services, finally came into effect last week.

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5 Key Responsibility a Transporter should adhere to!

Under GST regime, in order to deliver the goods in a hassle-free manner, a transporter (Registered and Unregistered) is required to fulfil the 5 key responsibilities

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Multi-Vehicle Option in EWay Bill Generation: Explained in 7 Simple Steps

India, is a big economy with wider geographical anomalies. Here people live in terrains, deserts, land and mountains connected by roads, rail, air and even water at some places.

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26th GST Council Meeting: Recommendations on Eway Bill and Key Highlights

The Eway Bill mandate will kick-off with inter-state transactions and by 1st June it will be implemented for intra-state movement of goods.

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Consolidated E-way Bill: Requirement and Importance

E-way Bill is to be issued irrespective of whether the movement of goods is caused by reasons of supply or otherwise.

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Form GSTR 1 – Everything you need to know about it

GSTR-1 is a monthly or quarterly return (based on taxpayer’s annual turnover) that should be filed by every registered dealer. The due date for GSTR-1 is based on the taxpayer’s annual turnover.

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Cases where Input Tax Credit (ITC) cannot be Claimed

The Input Tax Credit mechanism allows a taxpayer to reduce his tax liabilities on his sales with the taxes paid on inward supplies.

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9 Updates to Look Forward to in EWay Bill System to Curb Tax Evasion

In an attempt to lower the possibilities of GST evasion, e-way bill system was rolled out on April 1, 2018, for inter-state movement of goods worth over Rs 50,000.

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Job Work and ITC 04 : Charging GST on Goods not Owned

GSTN brings relief to companies engaged in Job Work. The due date for filing ITC-04 for period from July 2017 to March 2019 hs been extended till the 30th June 2019.

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MARCH 2019, Newsletter #12

New Tax Forms under GST | Penalties and Confiscation for Non Generation of EWB | GST Updates effective April 1, 2019 | IRIS Sapphire - Releases

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