Tag: GST input credit set off

How to File GST TRAN-1 : Part 1

In our earlier blog What is Form GST TRAN-1 and when to file it , we discussed about the due date to file Form GST TRAN-1 and different scenarios in which  businesses are required to file Form GST TRAN-1 to claim the transitional input tax credit….

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

47,061 total views, 104 views today

Beware! After GST, Choosing a Wrong Vendor can Kill your Business

With GST, there has been a fundamental shift in how your books are maintained. Till now in the entire tax regime, the only version of the truth was how you maintained your books. All your filings flowed from that. Are you GST ready yet? Get…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

62,303 total views, 757 views today

ISD: How to Distribute Input Tax Credit

In our previous blog Understanding Input Service Distributor (ISD) in GST, we discussed the role of an ISD in GST. In this blog, we will discuss the various conditions applicable for the distribution of credit and method of distribution of credit to different units (branches)….

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

62,884 total views, 96 views today

Moving to GST : For Registered Manufacturers

Transition provisions in GST have undergone significant changes in the Revised Draft Model GST Law published on 26th November 2016. Click here to read the revised blog post. The first and foremost task for you, as a business registered under the current law, is transiting to…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

5,702 total views, 52 views today

How to Set Off Input Tax Credit Against Tax Liability in the GST Regime

We introduced Input Tax Credit (ITC) in a previous post. Now let us understand how to set off your input credit against your tax liability in the GST regime. Are you GST ready yet? Get ready for GST with Tally.ERP 9 Release 6 Get a Free…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

249,816 total views, 118 views today