March 12, 2021
ITC is one of the most crucial aspect of GST and Rule 36(4) was very crucial aspect of ITC. One needs to understand the practicality of this rule. Accurate provision ITC management is now necessity to avoid further actions from GST department. Read this full article and understand as to how it is important. Understanding
March 10, 2021
What is HSN code update? Central Board of Indirect Taxes and Customs (CBIC) has released a small reminder for the GST taxpayers about the HSN (Harmonized System of Nomenclature)code being made mandatory on all the invoices. This reminder comes in reference to the ‘Notification No. 79 /2020 – Central Tax’ which makes GST HSN code mandatory
March 10, 2021
Since, the implementation i.e. 1st July 2017, Goods and Services Tax (GST) has undergone a wide amount of changes. Notably, the government is taking immense steps to completely digitize the process and auto-populate the details/ returns /GST Registration process as much as possible. Due to digitization and auto-population, post GST registration, the registered taxable person needs
March 4, 2021
Table of Contents What is the Problem with Traditional e-Invoice Generation?GSTHero’s Tally Connector is the Solution!Integrating & Authenticating GSTHero connector in Tallye-Invoice Generation directly from Tally?What makes our Tally Connector so Awesome?Report Generation by GSTHero’s Tally ConnectorGSTHero’s 3 in 1 Solution !Generate complete and ready-to-use e-Invoices in just 1-click ! Since the introduction of the
February 26, 2021
Table of Contents Coverage of the term capital goods as per GST lawProvision of ‘supply’ in connection with the capital goodsThe different possible situation with regard tothe sale of capital goodsAmount of GST (tax) payable on the sale of capital goods:File your GST returns in minutes, not hours! Due to the complex provisions prevailing under the
February 10, 2021
Table of Contents Budget 2021: Revised Conditions for Input Tax Credit What is the new Budget 2021 update on ITC under GST? What was the GST Act, 2017 provision before Budget 2021?Why is Section-16 (Input Tax Credit) important?Tell me more about the Budget 2021update on Input Tax CreditDo not worry! We’ll put it in simpler words.Important Rules In connection With