E-invoicing under GST streamlines B2B transactions for GST-registered businesses. Learn more about e-invoicing and e-invoice applicability.
Step by step procedures to create username and password in GST common portal How is time of supply accounted under GST Tax Calculation Valuation of GST under special cases Valuation of GST Taxable supply Step by step procedures to issue GST provisional ID in India When to pay GST for supply o...
Recently, the GST council had brought a new GST return filing model for the taxpayers having GST registration under the Composition scheme. Under that, a new GST return, GST CMP-08 has been introduced. The GST CMP-08 shall replace the existing return GSTR-4. The GST council has recently...
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Non-compliance with GST regulations can result in penalties and fines. The possibility of GST registration cancellation is also there. 4. Impact on the Unorganised Sector The unorganised sector may experience challenges while adapting to the new tax structure. ...