May 7, 2024
GST Registration Procedure for One Person Company in IndiaThis short article discusses the GST Registration Procedure for One Person Company in India. This blog aims to demystify the process of GST registration for One-Person Companies in India, providing a step-by-step guide to ensure compliance with the law and to help OPCs avail the benefits of
May 6, 2024
By planning the well-organized introduction of e-invoicing, Malaysia has put itself among the many highly compliant countries in the world. However, this is not an uncommon event. The rise of e-invoice implementation has increased quite significantly in the last few years.More and more countries are recognizing the legal, financial, and operational benefits of making e-invoicing
May 6, 2024
With the finalization of implementation for e-invoicing, Malaysia is now months away from digitizing, automating, and streamlining the time-consuming process of traditional invoicing. It will allow the country to join the ranks of countries like Japan, India, the US, and Australia.By replacing paper with digital, e-invoicing in Malaysia will enable businesses to increase data security,
January 8, 2024
Geocoding of place of business is a process by which an address or description of a location is converted into precise geographic coordinates. Geocoding functionality is introduced under GST to ensure accurate address details of the registrant and also to streamline the address verification process.Initially, geocoding of the principal place of business was introduced. And
December 22, 2023
One of the fundamental reasons for the implementation of GST was the seamless flow of input tax credits. However, ironically, availment and utilization of input tax credit has become a painful task for the taxpayer under GST. ITC Reversal as per Rule 37A article briefly speaks on its applicability, re-availment of ITC.In order to get
December 12, 2023
GST return in Form GSTR-3B is a self-declaration statement that needs to be filed on a monthly or quarterly basis. Table 4 of GSTR-3B deals with eligible ITC i.e. ITC availed; ITC reversed as well as ineligible ITC.With the objective of correct reporting of ITC (i.e. Input Tax Credit) in Table 4 of GSTR-3B, a