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The latest update in the GST e-invoice system is launched. Beneath the new option, the sub-users would not get permitted to access the e-invoices made through the main user and perform the measures such as viewing, cancelling, and Generating E-Way Bill (EWB). The main user could use the update sub-user feature and nextly choose the […]
In recent times, the Goods and Services Tax (GST) law has experienced important GST amendments. It just surges the mandatory reconciling of the GST data in a more regular way to prevent the differences amid GSTR-1, GSTR-3B, and GSTR-2B. The same rises the challenges to the new business which would be addressed through the technology. […]
Prakash Kumar Chief Executive Officer at Goods and Services Tax Network (GSTN) on Thursday informed that they are developing a system to send the statement of liability reflected in supply return GSTR 1 Get the complete guide for online filing GSTR 1 form in a step by step manner. Also, we have covered its due […]
The Goods & Services Tax Network (GSTN) has struck on some ideas to introduce in the new return filing mechanism which will be effective from the next fiscal year. Under this new system, separate due dates for return filing will be allotted to two different types of taxpayers (categorized based on annual turnover) to avert […]
The new filing system is starting up on April 1, 2020, the demonstration session about the same shall be first conducted by the Goods & Services Tax (GST) department adhering to the orders of Finance Minister Nirmala Sitharaman. FM has given orders to the GST dept to organise demo & consultation sessions for new return […]
Financial software providers are busy improvising their systems to click with the new GST protocols (GST 2.0) which are said to rule the nation from April 2020. Business firms operating in India need amendments in the system which support the new GST format, reconcile GST data filed by suppliers with those of buyers’ books and […]
Post April-2020, the new Goods and Services Tax (GST) returns that require more information to be furnished, will become effective. This will inflict companies to alter their enterprise resource planning (ERP) systems as the workflow impelled mechanism will supersede the current supplier-impelled traffic. According to the tax experts and chartered accountants (CAS), much more details […]
The government is consistently enhancing the GST system to make it touch the highest visualized spectrum. For the cause, GST Network (GSTN) is introducing transformation in the current GST return filing interface to make it a more simplified return filing mechanism. “Although, various amendments were made in the currently active version 2 of the GST […]
The new GST return system will come into action from October 2020 onwards. The old system got revised due to the need for a single, simple and concise return form which will take the place of multiple return forms of complex nature that are currently being filed by taxpayers. The new system will feature only […]
