Post by: Renu Suresh in GST
GSTIN: A Comprehensive Guide The Goods and Services Tax Identification Number (GSTIN) is a unique identification number assigned to every business registered under the Goods and Services Tax (GST) regime in India. It is a 15-digit alphanumeric code that serves…
Post by: Renu Suresh in GST
GST Amendment: Application Process In the GST system, registration is an indispensable initial step for existing taxpayers, granting them access to the vital GSTIN number, their primary identification. If, at any point during the process of acquiring or updating GST…
Post by: poonamgandhi in GST GST in India Legal News
Scrutiny of GST returns and Parameters thereof as per SOP Recently, the Central Board of Indirect Taxes and Customs, vide instruction no. 02/2022-GST dated 22nd March 2022, has come up with the Standard Operating Procedure (SOP) to be followed for…
Post by: Renu Suresh in Income Tax
Functionality to Check Misuse Of PAN in GST Registration Recently, the Goods and Services Tax Network (i.e., GSTN) has introduced a new feature namely ‘‘Functionality To Check Misuse Of PAN’ to address the complaints related to misuse of PAN for…
Post by: poonamgandhi in GST GST in India
Invoice Reference Number Invoice Reference Number (shortly and more popularly known as IRN) is a unique number generated for each invoice uploaded on an e-invoice system. The number is also known as ‘hash’. The number is generated using a hash…
Post by: poonamgandhi in GST
SMS Filing of Form CMP-08 The composition scheme dealer is required to file a statement in Form CMP-08 on a quarterly basis. Such a statement is to be filed on or before the 18th of the month succeeding the end…
Post by: poonamgandhi in GST GST in India Legal News
Delinking of Credit Note and Debit Note with Original Invoice Till now, while filing the Goods and Services Tax return in Form GSTR-1 or Form GSTR-6, the taxpayer was required to mention the original invoice number and original invoice date…
Treatment of Input Tax Credit in Case of Death of Sole Proprietor As per the provisions of section 41 (1) of the Central Goods and Service Tax Act, 2017, the transferor needs to file FORM GST ITC-02, electronically, along with…
Import eWay Bill While generating the e-way bill for outward supplies details like invoice number, date, quantity, the value of supply, tax, HSN code and consignee GSTIN etc. needs to be inserted. Again while preparing the return in form GSTR-1,…
Payment Voucher Under Goods and Service Tax, the different transaction involves the issuance of different vouchers/invoices. One such voucher, newly introduced in GST, is Payment Voucher. Present article tries to cover the question with regard to payment voucher-like in which…
