The latest articles, guides, news and notifications on GST.
If your business regularly transports goods, generating e-way bills can become another task for the accounts and dispatch teams. The invoice may already be created in your accounting system, but the transportation details still need to be entered into the … Continued
Moving goods from one location to another involves more than just raising an invoice. Under GST, certain movements of goods also require an e-way bill to be generated before the movement begins. An e-way bill is an electronic document generated … Continued
E-invoicing has become an important part of GST compliance for businesses covered by the applicable rules. Yet, there is still confusion about what an e-invoice actually is, when the requirement applies and which invoices need to be reported. An e-invoice … Continued
Businesses registered under GST often deposit money into their Electronic Cash Ledger to pay GST liabilities, interest, late fees, penalties, or other amounts payable under the GST law. However, there may be situations where the amount deposited is more than … Continued
The Goods and Services Tax (GST) is designed to tax the final consumption of goods and services. However, in many business situations, taxpayers may pay more GST than they are ultimately required to bear or may accumulate Input Tax Credit … Continued
GSTR 2B : A new method for reconciliation of ITC GSTR 2B : the auto-drafted Input Tax Credit ( ITC ) statement. Being recently introduced by GSTN and aimed at simplifying the Input Tax Credit Claims of taxpayers. Unlike the … Continued
March 2019 GSTR-3B Due date Extended. Due date for filing GSTR-3B for the month of March 2019 Extended to April 23 2019.