FREE TOOLS FOR GENERATING E-INVOICES FOR SMALL TAXPAYERS To ensure that businesses get enough time to adapt to the new system of electronic invoicing,
E-INVOICES ARE MANDATORY FOR BUSINESSES WITH A TURNOVER OF RS.5 CRORE E-Invoicing/E-Invoice is a form of electronic billing which is increasingly mandated by Governments across
TAXATION OF CRYPTOCURRENCY UNDER GST INTRODUCTION: Virtual digital asset means any form of information or code representing value exchanged and can be used in any
CHECKLIST FOR FORMS GSTR-9/9A AND GSTR-9C What is GSTR-9 (Annual Return)? Informational/ a consolidation of all GSTR Returns. What is GSTR-9C ( Reconciliation Statement)?
GENERATION OF E-WAY BILL FOR TRANSPORTERS USING COMMON ENROLLMENT NUMBER What is Common Enrolment ID Common Enrolment ID is a 15-digit number starting with 88,
GSTN: CHANGES IN TABLE 4 OF GSTR-3B RELATED TO CLAIM OF ITC Procedure to be followed to correct the reporting of information in Form GSTR
BARTER AND EXCHANGE UNDER GOODS AND SERVICES TAX (GST) INTRODUCTION: Term Barter is not defined in CGST Act, 2017. Barter is said to be a
PROFESSIONAL TAX: MEANING, RATE & COMPLIANCE INTRODUCTION: The nomenclature ‘Professional tax’ could be one of those terms which do not completely convey the real meaning
RECENT AMENDMENTS OF GOODS TRANSPORT AGENCY (GTA)UNDER GST As per Notification No. 11/2017-Central Tax (Rate) dated 28th June, 2017, “goods transport agency” or GTA means
RECENT AMENDMENT IN EQUALISATION LEVY INTRODUCTION: Equalisation Levy was introduced in India in 2016, with the intention of taxation the digital transactions i.e. the income
