May 29, 2021
GST Council Meeting held on 28th May 2021.This meeting was held via video conferencing and was chaired by FM Nirmala Sitharaman & Union Minister of State of Finance & Corporate Affairs Shri. Anurag Thakur. The taxpayers anticipated many reliefs due to the pandemic hit financial years and when the economy is going haywire. Many of these expectations
May 5, 2021
Table of Contents What is an e-Invoicing API?Pre-requisites for e-Invoicing API IntegrationGSTHero’s e-Invoicing APIsGenerate complete and ready-to-use e-Invoices in just 1-click ! Dear taxpayers, looking for a comprehensive guide on e-Invoicing APIs? Your search shall end on this article! This article shall explain the need for e-Invoicing APIs when the IRP portal has seen a
May 4, 2021
Table of Contents How To Create Sub-Users On The IRP Portal for e-Invoice generation?How To Freeze Sub-Users On The IRP Portal?How To Update Sub-Users On The IRP Portal?e-Invoice Generation is The Future of GST!e-Invoices in just e-Invoice generation under GST w.e.f. 1st April 2021, the Invoice Registration Portal (portal using for e-Invoice generation) has seen a
April 27, 2021
Table of Contents What does Job-Work mean? & How to claim Input Tax Credit ?Understanding How to claim Input Tax Credit on this Job-WorkWhat details are required for ITC-04 & understand How claim Input tax credit?To SummarizeClaim upto 100% Input Tax Credit Input Tax Credit under GST has some less-explored areas. In this article, we
April 15, 2021
GST Defaulting Suppliers – A threat to your businessGST defaulting suppliers can be a major roadblock for businesses and may badly affect their working capital. GST verification is the important process is discussed in our article what problem face during completion of process? what solution is needed to over come, we briefly answer these questions. Cash
April 15, 2021
Table of Contents Who should be called a Defaulting Supplier or GST defaulter?Possible Reasons for the Supplier to NOT file his Returns & become GST defaulterHow do I Identify Defaulting Suppliers?Purchase Data vs. GSTR-2B ReconciliationWhat happens if we don’t find the Defaulting Suppliers?In a Nutshell… GST defaulter can be a major headache for businesses whose