January 13, 2021
Recently, with a view to curb the fake invoicing practice prevailing under GST, the Government imposed a new restriction (CBIC Notification No. 94/2020) on full utilization of input tax credit (ITC) towards payment of output tax liability. Know the GST Recinciliation Process | Watch video The present article briefly explains the new restriction on ITC
January 7, 2021
Table of Contents 1Provisional Input Tax Credit Restricted to 5%2ITC Restriction as per Rule 86B3E-Way Bill Validity Update4Blocking of GSTR-1 in case of non-filing of two consecutive GSTR-3B & Rule 86B5Synchronizing GSTR-1 & GSTR-3B6Cancelation of GSTIN7Cancelation of GST Registration Without the opportunity of being heard8Changes in GST REG 319Time Limit for GST Registration10No Refund for
November 27, 2020
All about GST Registration Procedure GST Registration is the process of registering & acknowledging a business under GST. Any business that has an annual aggregated turnover of Rs. 40 Lakhs & more MUST register itself as a normal taxable person by registering under GST, obtaining a unique GSTIN, filing their GST returns regularly & paying all
November 25, 2020
Most frequent DSC ErrorGST taxpayers have been facing a very common error while filing their GSTR-1 & GSTR-3B.The dialogue box that appears on the GST Portal is as follows: The Problem:Most frequent error messages that taxpayers encounter are as follows: 1. Failed to establish connection to the server 2. Restart/reset the EMsigner. There can be multiple technical reasons for
September 22, 2020
Table of Contents What is e-Invoice under GST?The workflow of B2B e-Invoicing under GSTList of StepsHow is E-Invoicing of B2C & other invoices done?E-Invoicing & B2C Transactions- Things you didn’t know about QR Code GenerationHow do I create a QR code for an e-Invoicing?How to verify e-Invoicing QR code?List of Stepse- Invoicing Dynamic QR code
September 21, 2020
If you love a transparent and comprehensive approach when it comes to filing your GST, if you have doubts regarding your deductions, and if you want a simplified and swifter system for your business’s GST filing process, we’ve officially found you a solution that transforms GST preparation from a nightmare into a dream. We are