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
April 2, 2021
Table of Contents Stages of GST refund process & How to track GST refund statusStages of how to track GST refund statusSteps to track the GST refund status via GST portalSteps to track GST refund status on account of IGST paid on export of goodsSteps to track the bank account validation via PFMS portalRelevant Frequently
March 26, 2021
Special Economic Zone (SEZ) under GST are granted with various benefits by government. They are exempted from most taxes, given tax holidays, allowed various deductions. What is Special Economic zone (SEZ) Under GST? Special Economic Zone (SEZ) is a place located within the borders of country and devoted for business. It enjoys various tax benefits
March 26, 2021
QRMP Scheme Under GST stands for Quarterly Return Monthly Payment.QRMP Scheme is the recent introduction to the GSTsystem ambit to ease the efforts of small businesses and has come into effect since January 01, 2021.Under this scheme, small businesses whose annual aggregate turnover is up to 5 Cr will now be allowed to file GSTR-3B
March 16, 2021
Dear taxpayers,if you are searching about explanation on e-way bill limit all your search is end here. this article is for you.E-way bill is mandatory to be generated if value to goods to be transported is more than Rs. 50,000/- per consignment. It is to be generated by consigner, consignee or transporter.In this article, we
March 15, 2021
GST Cancellation update: On 22/12/2020, vide notification no. 94/2020, sub-rule (2A) has been inserted under Rule 21A which provides for immediate suspension of GST registration of a person in following scenarios:Details of GSTR-1 differs from Details of GSTR-3BDetails of GSTR-2B differs from Details of GSTR-3B.This means if GST officer finds any significant anomalies under GSTR-3B as