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

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  • GST Filing & Reconciliation
  • E-Way Bill Automation
  • GSTIN Search & E-Way Bill APIs

Goods and Services not eligible for ITC

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One of the primary reasons why GST has been hailed as a game changer in the face of Indian economy is the elimination of cascading effect of taxes allowing for a more seamless flow of credit. This is to take effect by making available Input Tax Credit (ITC) to the purchasing dealer in respect of … Read moreGoods and Services not eligible for ITC

Facts To Know About Composition Levy Under GST

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There would be a substantial amount of cost and expertise needed in complying with GST. While the big guys will easily adapt to it, it’s the smaller ones which will feel the heat for lacking either of the above. Composition scheme, under GST, is just an extension of the current scheme under VAT and is … Read moreFacts To Know About Composition Levy Under GST

Impact of GST on Manufacturers

The manufacturing sector in any country can rightly be deemed as the backbone of its economy, leveraging its resources for maximum economic boost, which then makes way for competitive trade and business to take place – locally, nationally as well as globally. India too has, emerged as one of the high growth sectors in the … Read moreImpact of GST on Manufacturers

Complete Guide to Reverse Charge Mechanism

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In a gigantic country like ours, which was and still is widely predominated by unorganized sectors, which were habituated for tax evading and other tax manipulations, the GST wave has send an electrifying tantrum among them. To curb, control and eradicate such practices, GST embeds a mechanism of Reverse Charge, which leads to bring transparency … Read moreComplete Guide to Reverse Charge Mechanism

How to File GSTR 1 on GST Portal

GSTR 1 is a monthly GST return, which captures all the outward supplies, i.e. sales of the reporting month. The return cycle of a GST payer starts with GSTR 1 and is to be filed by 10th of the following month to ensure a smooth input tax credit availability. Though, the due date of filing … Read moreHow to File GSTR 1 on GST Portal

GST Registration Process – Step by Step Guide

Whether, it be a regular tax payer or a composition scheme dealer, the GST registration process is the same for both of them. Following is a detailed step by step process for GST registration at the GST portal https://www.gst.gov.in/. The GST Registration Process Consists of Filling Up of Two Parts – A and B of … Read moreGST Registration Process – Step by Step Guide

Impact of GST on Startups

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The GST will fuel the economy in a big way in the long run, by bringing a stupendous increase in the revenue collected through it and India will rapidly move towards, being seen as a “developed” nation. India, as the biggies define it, is still a developing nation, but at a supreme pace and a … Read moreImpact of GST on Startups

How to Amend GST Registration

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There could be scenarios wherein businesses undergo various changes in their ecosystem and so, place of operations, ownership, error correction, communication particulars, other business details etc. need revision and updating at the GST portal [http://www.cbic.gov.in/]. The GST registration module is flexibly designed and is editable in nature and can be amended, when need be. The … Read moreHow to Amend GST Registration