15 Matters to keep in mind for GST in 2020

By |2020-03-16T02:56:44-05:30January 9th, 2020|Categories: GST, GST News, GST Registration|Tags: , , , , , , , , , , , , , , , , , |

Every new year comes with new hopes, desires, and responsibilities along with challenges. Introduction of Goods and Services Tax (GST) has been a big tax reform in India. From 2017-2019 it has been a great year for GST. Even in between the GST rate move down from 28% to 18% on 178 goods. Goods and Services [...]

A guide to your copy of the GST Registration Certificate

By |2020-03-16T02:53:38-05:30April 30th, 2019|Categories: GST, GST Registration|Tags: , , , , , , , , , , , , , |

All businesses whose turnover exceeds Rs. 40 lakh (for goods suppliers) and Rs. 20 lakh (for services providers) have to get GST registration in India. The limit is half (i.e. Rs 20 lakh for goods suppliers and Rs. 10 lakh for services providers) for Special Category states. Also, under the GST Act, some other criteria's have been [...]

Top GST apps in the market

By |2019-04-17T00:55:39-05:30April 16th, 2019|Categories: GST|Tags: , , , , , , , , , , , , , |

Introduction GST or Goods and Services Tax is a form of tax which was launched on 1st July 2017 and it has replaced nearly 18 indirect taxes overall. Because there was a lot of confusion to the business owners, many companies have launched GST app. Read on How to register yourself as a GST user using [...]

Delivery challan under GST

By |2020-03-16T02:36:39-05:30April 15th, 2019|Categories: GST|Tags: , , , , , , |

What is delivery challan? A delivery challan is a record or a document generates in the process of transferring goods from one place to another. Which might or might not result in trades. This is carried along with the transmitted goods. It involves the details of the items transmitted, the quantity of those goods, delivery and [...]

Debit Note: A Way to revise Sales Invoice under GST

By |2020-03-16T03:01:06-05:30April 11th, 2019|Categories: GST, GST invoice|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Debit Note and Credit Note come into the picture whenever some error has been committed during a financial transaction. The mistake can be simple human or due to some mechanical fault. To neutralize the effect of this fault on the invoices, a Debit Note or a Credit Note may be issued. These documents are recognized and [...]