April 17, 2021
Table of Contents Preliminary Investigation for Supplier Verification GSTIN Verification of the supplier Verification of the genuineness of the supplier via the GST portalFacility to search by GSTIN/ UIN of the supplierFacility to search by PAN of the supplierSynopsis-File your GST returns in minutes, not hours! Tax evasion via bogus firms; fake invoices or claiming fraudulent input tax credit
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
April 10, 2021
Table of Contents Transaction Classification by the ERP Solution for e-Invoicing under GSTSeparate B2B & B2C Invoices for e-Invoicing under GSTIdentify IRN, QR Code in the e-Invoice GeneratedMandatory Fields as per e-Invoice Schema for e-Invoicing under GSTReconciliation of GSTR-1 against Your Sales RecordsTo SummarizeGenerate complete and ready-to-use e-Invoices in just 1-click ! Starting April 1st
April 7, 2021
Table of Contents ERP System Integration e-InvoicingSeparating B2B from B2C Invoicese-Invoice Cancellation & Amendmente-Invoice vs. GSTR-1 Reconciliation (Process after e-Invoice generation)B2C Invoices are Exempted From e-Invoice Generatione-Invoice Data Archiving after e-Invoice generationGenerate complete and ready-to-use e-Invoices in just 1-click ! The government and the GST Council are making constant efforts to ease out the experience
April 7, 2021
e-Invoicing has now been familiar to all the businesses as the majority of the businesses are now falling under the ambit of e-invoicing under GST. w.e.f. 1st of April, 2021, all the businesses whose aggregate turnover falls above INR 50 Cr. annually, are eligible for e-Invoicing now. The plans of the Government seem to be going in