Issues in Export Refunds -Top Reasons Why Your Invoice data did not Transmit to ICEGate

With ICEGate, the user can make E-payments, Track Document status at Customs EDI, Register for IPR, Verify IE Code, etc. making it an essential tool for traders and exporters in India.

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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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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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8 Questions to Ask before Finalizing Your GST Software

GST, the biggest tax reform of the country, is envisaged to simplify tax management for companies and government equally.

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Zero Rated Supply Under GST

In India, GST is not applicable to any exports, which makes all the exports in India, Zero Rated Supplies. As per Section 16 of the IGST Act

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Automated Refunds for Exporters under GST

The revenue department under GST have plans to introduce a faceless scrutiny of refunds to hasten the claim settlement process.

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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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How to Register as an E-Commerce Operator and/or for Online Information Services(OIDAR)

An E-commerce operator liable to collect tax, he is required to be registered under GST, mandatorily.

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7 Tasks to Finish Before the End of Financial Year 2018-19

simplify tax returns and enable a fairer taxation system, the GST council has put their best foot forward effective April 1, 2019. Now as the fiscal year 2018-19 approaches its end, a new page awaits to be written.

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Top 11 Advance GST Rulings of February 2019

Advance Ruling under GST refers to a decision provided by the authority or the appellate authority to an applicant on matters or on questions specified in sub-section (2) of section 97 or sub-section (1) of section 100 in relation to the supply of goods or services or both being undertaken or proposed to be undertaken by the applicant.

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6 FAQs around New Returns

CBIC has released their transition plan for these return forms, until then here is everything you should know about New return forms.

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