Sunday, February 25, 2018

Recording GST Advance Receipts from Customers

Advance Receipts if Turnover is Less than Rs. 1.5 Crores If your turnover in the previous financial year was less than Rs. 1.5 crores you...

How to Manage GST Tax Liability on Advance Receipts

When advance is received and an invoice is not recorded against the advance in the same period, the taxable person has to pay tax...

GST FUNDAMENTAL

Data Captured in GSTR-1 e-Return

GSTR-1 return can be exported in the e-return format for any given period. All the...

How Technology Helps in Managing & Generating e-Way Bills

As we all know, the e-Way Bill has been implemented by some states of India...

E-Way Bill Registration for Registered Businesses

In our previous blogs, we have taken you through the various aspects of the e-way...

Table-wise GSTR-1

GSTR-1 report can be viewed in the table-wise format. The table-wise report is structured in...

Detect Wrong GSTINs and File your GST Returns Correctly

The GST law which was introduced in India in July 2017, makes it mandatory to...

E-Way Bill Notification – Recommendations of the 24th GST Council Meeting

The GST Council in its 22nd meeting held on 6th October, 2017 had decided and recommended that...

HOW TO

POPULAR

TALLY

Did You Know Advance Received is Taxable under GST?

Receiving advance for an order is a common business occurrence. Suppliers usually ask customers to...

How to Determine Supply of Goods vs Supply of Services in GST

Schedule-II of the model GST law provides clarity on determining the type of supply as...

A Guide to Start GST Invoicing from 30th June Midnight

Introduction “At the stroke of the midnight hour, when the world sleeps, India will awake to...

Assessment of Tax Liability in GST

Assessment of tax means determination of the tax liability of a person. The tax liability...

Moving to GST Era: For Registered Manufacturers

The first and foremost task for you, as a business registered under the current law,...

E-way Bill Cancellation and Printing

In our previous blogs we deep-dived into the official GST e-way bill portal, navigated to...

VIDEOS

NEWS

India’s GST highest in the world: Here’s what some other countries charge

France was the first country to implement GST to reduce tax-evasion. Since then, more than...

Modi govt’s GST a mockery; very, very imperfect: P Chidambaram

The Modi government’s Goods and Services Tax (GST) is “very, very imperfect” and cannot be...

GST Return : Due Dates based on Latest Orders and Notifications

Due Dates based on Latest Orders and Notifications GSTR-1 Quarterly Returns (Taxpayers with Annual Turnover upto Rs....

Detect Wrong GSTINs and File your GST Returns Correctly

The GST law which was introduced in India in July 2017, makes it mandatory to...

Jharkhand to pass state GST law

Jharkhand may soon become one of the first states to clear the state Goods and...

SOFTWARES

Table-wise GSTR-1

GSTR-1 report can be viewed in the table-wise format. The table-wise report is structured in...

Marked Vouchers in Tally.ERP 9: A boon for Businesses and Tax Consultants

Introduction The Marked Vouchers feature which is available in the latest release of Tally.ERP 9, makes it very...

How to File GST Return (Form GSTR-1) using Tally.ERP 9 Release 6

The day when businesses across India will file the GSTR 1 for the first time...

Reverse Charge: Managing Purchases from Unregistered Dealers (URD) in Tally.ERP 9 Release 6

We have entered the GST era, and there are many aspects of the law that...

Quick Guide to GST Bill/ Invoice Numbering

nvoice matching is a unique and critical requirement of the GST regime. Therefore, we can...