GSTR-9is a return form filed annually by the taxpayers registered under GST.GSTR-9is basically a consolidated report of monthly/quarterly returns (GSTR-1, GSTR-2, GSTR-3B) filed by the taxpayer at the end of the year. It is also applicable on those taxpayers who are registered under ...
Goods and Services Tax (GST) is an indirect tax in India that simplifies the taxation process on goods and services. Discover its types, functions, and benefits.
GSTR-2A reconciliation is a crucial process for businesses registered under the GST system in India. Let’s look at what is GSTR-2A reconciliation.
What is HSN code under GST? HSN stands for Harmonized System of Nomenclature which was developed by the World Customs Organization (WCO) with the vision of classifying goods all over the World in a systematic manner. WCO has 181 members, three-quarters of which are developing countries that ar...
If you are a GST-registered business, you are required to fill in theGSTINfield. It is a fifteen-digit number given in a certificate of registration to an applicant. It is a unique identification number assigned to a business or person registered under the GST Act. ...
You can track GST invoices for ITC through Form GSTR-1/IFF and view them in Form GSTR-2B. 6. Can I Use Invoicing Software to Generate GST-Compliant Invoices? Yes, you can use invoicing software to generate GST-compliant invoices in India. 7. How Often Should I Issue GST Invoices and...
GST solution document is updatedUpdates have been made to the following article, India Goods and Services Tax (GST) overview.GSTR report performance improvementGSTR report generation time reduced 30% because of the replacement of line-by-line data fetch with dataset operation....
and customer data to create a machine learning model that is used to predict when an invoice will be paid. This feature uses the Power AI service and specific data fields to make predictions. To improve the accuracy of predictions you may choose additional data fields in Power AI that are ...
The authorized payload will be sent by IRP to the GST portal related to GST returns. In addition, the IRP will forward the details to the e-way bill portal. The same information will be reflected in GSTR-1 for the tax period. The tax liability will be determined in return. ...
Stock transfer order shipment voucher is not showing in theGSTR-2report. With direct delivery for a purchase order, the customer's address is included in the customer's tax information. GSTIN registration numbers and TDS registration numbers are not shared with the other legal entities when dat...