Equipping Modern Enterprises with Powerful GST, E-Way Bill & E-Invoicing Solutions
Under GST, an e-Way bill (EWB) is an electronic document that is required to be carried by the person in charge of the conveyance transporting any consignment of goods of value exceeding INR 50,000 (single Invoice/bill/delivery challan). A taxpayer or a transporter* who causes the movement of goods of a consignment can generate the EWB … Read moreE-Way Bill For Transportation Of Goods By Railways
GSTR-4A is an auto-drafted tax form related to purchases, for composition dealers. The details in this are auto-populated from the information provided/filed by suppliers against the GSTIN of the composition dealer. In this article, you will find: What Is GSTR-4A? Who Is A Composition Dealer? Source Of Information For GSTR-4A Contents Of GSTR-4A How To … Read moreGSTR-4A
What Is E-Way Bill? E-Way Bill (EWB) is an electronic document generated on the EWB portal to facilitate the movement of goods valuing more than INR 50,000. The e-way bills have to be generated before the commencement of transportation of goods and are valid only for one day if the distance to be travelled less … Read moreE-Way Bills And RFID
The CGST Act, 2017 requires certain taxpayers to file annual returns. The annual return contains details regarding purchases and sales made during the year along with other information about CGST, SGST and IGST. There are different types of annual returns as per Rule 80 of CGST Rules 2017, namely; GSTR-9, GSTR-9A, GSTR-9B and GSTR-9C. In … Read moreGSTR-9B
From 1 October 2020, taxpayers with an annual turnover of more than INR 500 crores had to implement the e-Invoicing system mandatorily. Taxpayers using the new invoicing system have received/will receive various error messages while uploading invoices or generating the IRN and QR codes. The Government has listed out the common error messages that taxpayers … Read moreCommon Errors While Reporting E-Invoice
The Covid-19 pandemic has raged its way across the country, and a lockdown was announced by the Central Government to combat the spread of the virus. The lockdown lead to various hardships for the citizens of the country. In this article, we will discuss the measures introduced by the Central Government to ease the burden … Read moreChanges in GST due to Covid-19
The 43rd GST Council meeting was held on 12 October 2020. It was an extension of the 42nd GST Council Meeting to decide on the borrowing options available to meet the compensation cess shortfall. However, the Council meeting ended without a consensus between the Centre and a few states. The key points of discussion in … Read more43rd GST Council Meeting
In Budget 2020, taxpayers were given an option to choose between the old and new tax regime. Under the new tax regime, taxpayers have an option to pay lesser tax on the total income. That means taxpayers will not be allowed to claim the deductions and tax benefits otherwise available in the old tax regime … Read moreForm 10IE To Select New Tax Regime