November 3, 2022
Table of Contents 1What is Debit note under GSTUnderstand concept of ‘debit note’ with a simple example2When we issue debit note in GSTDebit note format under GSTWhat is the time limit for issuance of debit noteReflection of debit note in GST return3What is Credit note under GSTWhen we issued credit noteCredit note format under GSTWhat
October 21, 2022
Table of Contents Budget update 20221What are conditions for ITC claim under GST2GSTHero Solutions for claiming 100% accurate ITCClaim upto 100% Input Tax Credit Claiming the correct amount of Input Tax credit is vital to the Goods and Services Tax regime. In simple terms, the ITC claim under GST subtracts the tax paid on inputs
October 7, 2022
Table of Contents 1Summons under GST Provisions2Summons under GST: Issued guidelinesObtaining prior permission for issuance of summonsSpecified details to be covered in the summonsDetails to be maintained in the summons fileGeneral GST guidelines3In which situations summons should be avoided4Summons under GST : Takeaways In general, a ‘summons’ is a legal document issued by a court/
September 28, 2022
As we know, various indirect taxes are subsumed into one single tax i.e. Goods and Services Tax (GST). Accordingly, transition provisions were incorporated under GST to ensure smooth and hassle-free migration from erstwhile laws into GST law. We are discussing on filing or revising TRAN 1 and TRAN 2 guidelines and SC court judgments.One of
September 22, 2022
Businesses adapt to new technologies that facilitate a smooth business workflow and save money in today’s revolutionary digital world. Because more companies are working these days remotely, a digital signing solution is required. Digital signature certificate we need after filing return article thoroughly explain why DSC need, benefits for DSC and more.In this article, we
September 22, 2022
TCS full form stands for Tax Collection at Source under GST (TCS) is similar to TDS but has a few key differences. TDS is the tax deducted when the recipient of goods or services makes payments under a contract. Except for a few exceptions, every e-commerce operator must begin collecting TCS on October 1, 2018.