Equipping Modern Enterprises with Powerful GST, E-Way Bill & E-Invoicing Solutions
Goods and Service Tax has been an integral part of many businesses over three years now. Claiming the right Input Tax Credit and payment of GST is a routine one cannot miss. Therefore, to ensure transparency and tracing, the GST portal enables taxable entities to view their tax liabilities through a register and two ledgers, … Read moreGST Payment Challan – GST PMT-06
As per the Goods and Service Tax (GST) act, there are different forms which have to be filled for the payment of GST. With this, the Government requires the taxpayers to maintain few registers as well. These registers are vital for the assessment and payment of GST related liabilities. View Sample GST Payment Forms and … Read moreGST Payment Forms
Rounding-off of tax amounts may differ from one tax compliance to another. This may not have an enormous impact on the tax bill, but it can burn a hole in the pockets of many businesses and impact their GST compliance rating. In this article, we will help you understand: What is the Definition of Rounding-Off … Read moreRounding Off Tax under GST
All taxpayers registered under GST are required to file Form GSTR-3B wherein, the net GST liability is calculated and then paid. The Goods and Services Tax Network (GSTN) has now made this process easier by auto-populating some values of Form GSTR-3B and presenting such data in the form of a PDF statement. In this article, … Read moreAuto-Populated GSTR-3B
Goods and Services Tax (GST) was introduced by the Government of India to create a single unified indirect tax for the entire country. The Government has been taking continuous measures to simplify the process and plug the loopholes in the current structure. GSTR-2B was recently introduced on a pilot basis to strengthen the process of … Read moreIntroduction to GSTR-2B
The GST council is the chief decision-making body that takes all important decisions about the GST regime. The 41st GST council meeting was held on the 27 of August 2020 through video conferencing. This meeting was chaired by the Union Finance Minister Nirmala Sitharaman in the presence of the Attorney General. Outcome of the 41st … Read more41st GST Council Meeting
As mentioned in our previous article, the National Informatics Centre (NIC) has undertaken various steps and initiatives to anchor the vision of making India digitally strong by providing access to digital services to everyone across the nation. The official website provides in-depth information about the various projects, products and services rendered by the NIC in … Read moreNIC Projects
The National Informatics Centre (NIC) is an office established by the Government of India in 1976 to drive technology and e-governance initiatives in the nation. It provides the infrastructure needed to support the delivery of government IT services and some initiatives of the ‘Digital India’ campaign. To add, NIC has been an active catalyst and … Read moreNIC Simplified