GST Compliant Invoices - What, Why & How! Challenges Faced by Small and Medium Business Enterprises and Entrepreneur in Invoicing Invoices are the immanent part of any Businesses Enterprises and for a Freelancer. It's tedious, yet the [...]
GST Council Simplifies Return Filing The GST Council on Friday unveiled a new simplified return that would require a taxpayer to file only one return every month and set a period of six months for the transition to take place. “It [...]
Error Number RT-SCVU101 During GSTR-3B Return Filing Few taxpayers are facing an error "Something seems to have gone wrong while processing your request. Please try again. If error persists quote error number RT-SCVU101 when you contact customer care for quick resolution." [...]
GST - Things To Do Before March End 1. Reversal of Input Tax Credit – As per the rules of Input tax credit, after issuance of tax invoice if the receiver does not make the full payment of the amount within 180 [...]
Must-Have Features For Your Billing Software Businesses small or large are required to issue an invoice, which validates the transfer of ownership in goods and/or services to the buyer. In the Indian context, we are still evolving from manual records and digitization [...]
Notice to Return Defaulter u/s 46 for Not Filing Return Goods and Services Tax Network (GSTN) has been issuing notices to businesses registered under Goods and Services Tax for non-filing of GST Return on GST Common Portal. It has caused panic to [...]
New Changes Introduced in GSTR-3B Goods and Services Tax Network has on February 21, introduced few changes in GSTR-3B return form. They now claim to simplify GSTR-3B for taxpayers. We analyzed these changes and have consolidated our analysis here. Auto-population of [...]
NET ITC Provided is not equal to ITC Available - ITC Reversed, Error Number RET3B91404 Goods and Services Tax Network (GSTN) has recently simplified the GST Return Filing on GST portal. This includes auto-calculation of SGST amount from CGST amount and vice-versa, [...]
Registration For Profession Tax Enrollment Certificate (PT-EC) Taxpayers registered under Goods and Services Tax in Maharastra are now facing a new challenge as they are compulsorily required to register under Professional Tax. Many of the taxpayers have received the following notices. As per the [...]
Budget 2018 Presented by Union Finance Minister Mr. Arun Jaitley After much hype, Finance Minister Mr. Arun Jaitley finally delivered the speech for Budget 2018. As anticipated, the budget is aimed to woo farmers, rural people and small and medium businesses. Though [...]
