January 11, 2022

January 11, 2022
Gaurav Yadav

Table of Contents 1GST Input Tax Credit | What is the new Update?2Section 109 notified – Amendment to section 163How can I claim 100% Input Tax Credit after this change?1. Notify your defaulting suppliers2. Accurate reconciliation of GSTR-2B against purchase records4Highlighting features of GSTHero’s Reconciliation SolutionTo summarize Central Board of Indirect Taxes and Customs (CBIC)

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December 31, 2021

December 31, 2021
Gaurav Yadav

The CBIC has recently released a GST Notification 37/2021 – Central Tax on the 1st of December 2021. The CBIC notification has amended some sections of the CGST Rules of 2017. The CBIC has introduced these changes according to section 164 of the CGST Rules 2017, which confers amending power to the Government of India. In this

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December 16, 2021

December 16, 2021
CA Shaifaly Girdharwal

When two things (or amounts) don’t work well together or correspond with each other, then it’s a mismatch. Under GST there are various returns to be filed by the taxpayer, which provide data to the department. Each of these returns filed by the taxpayer is interlinked, among themselves and also with the data provided by

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December 3, 2021

December 3, 2021
Gaurav Yadav

Input Tax Credit under GST is the bedrock of the GST structure. Businesses should aim at using this feature wisely and avail maximum of eligible ITC under GST. In this short article, we have discussed a few important pointers that businesses should follow to claim maximum eligible ITC in FY 2022. The businesses must take utmost care

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