13 Mistakes to Avoid while Preparing GST Invoice Data

Invoicing your sales, no matter how basic it may sound, is an essential aspect of business that every taxpayer registered under GST needs to master.

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GSTIN – The Fingerprint to your Business Identity

GSTIN is an abbreviation for Good and Service Tax Identification Number, which is a 15 digit, unique registration number given to every taxpayer registered under GST.

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GSTR 8 and TCS: Everything You Need to Know!

GSTR-8 Return is the return filed to declare the Tax Collected at Source (TCS by E-Commerce Companies. Filed every month on or before 10th by e-commerce companies.

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Form GSTR 3B: Eligibility, Due-date, Format, Filing

GSTR-3B is a monthly GSTR Return which consists of summarized details of supplies | GSTR 3B Format, Due date and Filing!

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Provisional Assessment under GST in 10 Steps

Let us take some time to get ourselves braced up for the “assessment scenarios”. The first and foremost step in the chain of Assessments is a “Provisional Assessment”.

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Audits under GST – Overview and Types

An audit is a term that is generally used for official inspection and verification of documents by an Independent body, usually for financial accounts.

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Raising an Appeal under GST to the High Court and Supreme Court

We have covered how an appellant can raise an application to a higher court/authority for the reversal or revision of an order, as passed by a lower court/authority.

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GSTR 3A – Notice on Non-Filing of GST Returns and Paying GST as EMI

If a taxpayer fails to file his\her returns, the taxpayer receives a notice from the government in form GSTR 3A. Know more about the payment structure here!

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Recovery of Tax under GST – Recovery Notice

If a registered taxpayer does not file his/her GST returns on the given due date, he is liable to be penalised as per the notice sent by the government in form GSTR 3A.

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Demand Notice under GST

A demand notice is a show-cause notice issued by the GST officials in case of short payment or non-payment of GST.

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Form GSTR 1 – Details, Format, Due-date, Eligibility, GSTR 1 & E-way Bills

GSTR-1 is a monthly or quarterly return (based on taxpayer’s annual turnover) that should be filed by every registered dealer. Know more about the duedate, format and eligibility here!

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HSN Code and SAC under GST: A Move towards Standardisation

HSN code stands for Harmonized System of Nomenclature, which consists of a globally used coding system and harmonized commodity description.

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