Equipping Modern Enterprises with Powerful GST, E-Way Bill & E-Invoicing Solutions

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  • GST Filing & Reconciliation
  • E-Way Bill Automation & E-Way Bill APIs
  • E-Invoicing Simplified
  • GSTIN Search
  • Expert Assistance

What is E-Way Bill and How it Works?

What Are E Way Bills? Electronic Way Bill (E-Way Bill) is a yielding mechanism wherein, through a digital interface or software, the person moving goods uploads the relevant information and data before the beginning of goods and produces an e-way bill on the GST portal. An e-way bill is a receipt or a report published by … Read moreWhat is E-Way Bill and How it Works?

List of Port Codes in India

List of Port Codes in India One such field is Port code i.e. under which Indian port code the export of goods is being made. The Bill of Entry is also dependent on the Port code number as the bill of the entry contains 13 digits and the initial 6 digits depict are port code … Read moreList of Port Codes in India

Input Tax Credit under GST

The term “Input Tax Credit” assumes significant importance in the arena of indirect taxation. Let us zero in on our analysis on this topic under GST regime. “Input tax” means the GST Taxes (CGST, SGST, IGST) charged on any supply of goods or services or both made to a registered person in the course or furtherance of his business and includes such tax payable on reverse charge basis— but excludes tax paid under composition levy.

GST Compliance Calendar 2021

The Central Board of Indirect Taxes and Customs has revised a few due dates in the previous year (2020). Taxpayers should file their returns/forms before or on the prescribed date to avoid late fees, penalty, interest or blocking of filing facilities. Masters India’s handy ‘GST Compliance Calendar’ will help you stay prepared well in advance. … Read moreGST Compliance Calendar 2021

Objectives and Functions of Accounting

In order to know about the objective and function of accounting, it is necessary to know what accounting means. Once you have a fair idea about it we can discuss the objectives and functions of accounting in depth. Accounting Accounting is a process through which one can easily handle, record, summarize, report and analyze financial … Read moreObjectives and Functions of Accounting

Generation of E-Way Bill in Case of the Supply of Services

The Central Board of Indirect Taxes and Customs has published an advisory on September 16, 2021, concerning the generation of the e-way bill where principal supply is the supply of services. The GST Network is the information technology drive for the indirect tax system. It has been announced that no e-way bills (EWB) are required … Read moreGeneration of E-Way Bill in Case of the Supply of Services