Job work under GST – Form GST ITC-04
Job work as the name states is a very crucial term under the GST services. Job work under GST is defined under section 2(68) of the CGST Act,2017. It states “Any treatment or process undertaken by [...]
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GST E-way bill exemption- cases when it is not required?
GST was introduced by the Government of India to make the taxation process transparent. The implementation of GST has served the purpose of making the process quick and clear. The GST has made it [...]
QR code generation in E-invoicing
Abbreviated as a QR code, a Quick Response code is a two-dimensional barcode applied to various items to access their information in a machine-readable format. The earlier process of retrieving [...]
Impact of e-Invoicing on small and medium enterprises
E-invoicing is a very important point of discussion amongst business people. Any organization having a turnover of above INR 50 crores is mandated to commit to the process of generating an e-invoice. [...]
Refunds under GST - When and how to claim GST returns?
What is GST Return? A GST return is a document containing a record of all sales and purchases along with the GSTIN of the taxpayer. This detail is supposed to be filed with the tax [...]
E-Invoicing Versus Invoicing
One of the most discussed terms of the year 2020 has been GST. Since 2020 people have been trying to find out the changes that GST carries with itself along with the benefits. It has been a constant [...]
E-invoicing under GST- a brief intro
In its 35th meeting, the GST council decided on a system of invoicing i.e., e-invoicing. This system of e-invoicing applies to few specific domains of people. What is e-invoicing under GST? [...]
QRMP Scheme under GST
What is the QRMP scheme? According to the GST Council's recommendations, a new scheme of quarterly returns with monthly payments (QRMP) is implemented from January 1, 2021. Under this scheme [...]
How to file backdated Income Tax Return (ITR)?
What is backdated income tax return (ITR)? Backdated ITR is a previous year/years ITR filed by the individuals to make their tax returns in order or to meet statutory obligations or required [...]
Important Changes in GST rules from January 1, 2021
On 22nd December 2020, GST department issued a notification no. 94/2020 and made specific changes in the GST rules which have already implemented from 1st January 2021. These rules are called the [...]
