As we step into the monsoon season, July also brings important updates and deadlines, marking the commencement of the second half of the financial year 2024. Recently, on June 22, the GST Council held the 53rd GST council meeting, and introduced a conditional waiver of interest and penalties...
A Credit Note in GST is a typical documment issues by the supplier in one more case. Learn about them here
To print a GST invoice for the credit note or debit note of a purchase invoice, follow these steps. ClickAccounts payable>Common>Purchase orders>All purchase orders. Select a posted purchase order. On thePurchasetab, on theAction Pane, clickCredit note. ...
Invoice, PDF, Doc, Credit/Debit Note Signing Learn More E-Way Bill Generation From Your Tally, SAP, Oracle & ERPs Generate E-Way bills on demand! All bills pre-synced with government portal No visit to Govt. E-Way Bill portal Integration in Your ERP within 5 Minutes ...
GSTR-1 includes reporting of credit and debit notes underGST portal. Here is how the classification of the things goes on. Credit and Debit Note Issued to –Unregistered person for B2C trade Where to declare –Under unregistered in table 9B – Credit and Debit Notes ...
GSTN has rolled out functionalities that enable taxpayers to monitor their return filing status on a financial year basis. Taxpayers can now access information swiftly and accurately thanks to a new feature on the GST portal that enables searches by mobile number. The CBIC department has published...
The same would be the case for debit note. Though delayed still a welcome change for the taxpayers. However, it may be noted that where the credit note is on account of discounts covered discount the reference to original invoices must be maintained by the taxpayers as a record as this is...
Electric vehicles (EVs) are becoming popular in India. Because almost every business is trying to reduce their fuel costs and carbon footprint. One of the leading options in this space is the Ola electric scooty. It’s not only eco-friendly but also offers financial benefits, especially for ...
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Adjustments to the values of invoices after they have been issued are essential to maintain accurate records and compliance with GST regulations. Businesses must issue either a debit note or a credit note, depending on the nature of the adjustment. ...