How to File GST Sahaj Return
Form GST Sahaj is a quarterly GST return to be filed by 20th of the subsequent quarter. The businesses whose turnover in the previous financial year is up to 5 Crores and engaged in making outward supplies only to B2C i.e. end consumers or unregistered…
3,776 total views, 459 views today
Simplified GST Returns – New GST Return Forms
In order to simplify the GST return filing process, the GST council meeting held on 21st July, 2018 has approved the new GST returns. Different new GST return forms have been introduced considering the diversity of businesses operating in the country. Are you GST ready…
5,848 total views, 654 views today
ITC on Goods in Transit
In a business world, it is quite natural to have a situation where the date of supply of goods by the supplier and the date of receipt of goods are in two different months. Let’s say, the supplier has billed and dispatched the goods on…
19,618 total views, 352 views today
Input Tax Credit Rules under New GST Returns
Input Tax Credit is the heart of GST compliance for all taxpayers. It is the provision of input tax credit that ensures that taxpayers only need to pay GST on the value added to the goods or services supplied. In the first phase of GST…
29,407 total views, 361 views today
New GST Return Filing Process – A Quick Guide
After the introduction of GST on 1st July, ’17, the GST Council has repeatedly taken measures to simplify the GST return filing process for taxpayers. As part of this exercise, the GST Council is working to bring in the second phase of GST, with greater…
31,701 total views, 410 views today
Freedom From Fear – Avoid GST Mismatches and Notices
Over the past few months, several businesses across the nation have been plagued with GST notices from the government. If reports are to be believed, there has been a nearly 34% of GST mismatch or underpayment of GST, amounting to an overwhelming deficit of INR…
44,272 total views, 416 views today
Highlights of New GST Returns
In the 27th GST Council meeting, the GST Council first announced the new GST return filing process. In the 28th GST Council meeting, the new GST returns and return filing process have been approved. Within a week, a draft of the new GST return forms…
52,661 total views, 392 views today
Why you need freedom from the clutter of spreadsheets?
In our blog yesterday, we took you through the many advantages of automation, and why it is probably the right time for you to attain freedom from manual business processes. It is good to note that numerous small businesses across the country are coming to…
46,702 total views, 313 views today
Why You Need Freedom From Manual Business Processes?
On 15th of August, 2018, India will complete 71 glorious years of independence. Similar to the political landscape, the business landscape too has undergone a plethora of changes – the most important of which has been the digital India drive. Over the years, even the…
47,412 total views, 313 views today
28th GST Council Meeting Updates – Rate Changes for Goods
On 21st July, 2018, the 28th GST Council meeting was conducted to take major decisions pertaining to the existing GST model. A plethora of changes took place, with respect to rate changes in goods, rate changes in services, and most importantly, the simplified GST return filing…
85,605 total views, 341 views today
Enabling option of single E-way Bill for multiple vehicles
With Delhi going live with the e-way bill on 16th June, the entire country has now moved into the era of the e-way bill, both at inter-State as well as intra-State levels. With no major glitches having been reported across the country, the implementation can…
92,146 total views, 320 views today
One Year of GST: the Workings of the Technology-First Tax System
I am writing as one of the people who have been in the ‘middle’ of this enormous tax reform – since we provide software solutions to businesses who need to comply with GST. This has given us a view on both sides of the bridge…
103,578 total views, 494 views today
