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
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