Table of contents: Overview Circumstances Requiring a Debit Note Mandatory Details in a GST Debit Note Issuance and Reporting of Debit Notes Step-by-step guide to filing a GST Debit Note and Format Common Mistakes and Compliance Tips Additional Compliance Checklist...
Table of contents: Eligibility for GST Refund: Are You Eligible? Types of Refunds under GST How to Calculate GST Refund: The GST Refund Formula Net Input Tax Credit (ITC) and Its Importance in GST Refunds Step-by-Step Guide to the GST Refund Process Essential...
Table of contents: Understanding the purpose and scope of a LOA Types of GST-related actions requiring an LOA Key legal framework and compliance requirements Overview of regulatory bodies How to draft a legally valid LOA for GST Roles and responsibilities of an...
Table of contents: Purpose and Need for Anti-Profiteering Measures How Anti-Profiteering Works under GST Role of the National Anti-Profiteering Authority (NAA) Steps for Businesses to Ensure Compliance Impact of Anti-Profiteering on MSMEs and Large Enterprises Case...
Table of contents: Purpose and Applicability of Section 73 Time Limits for Issuance of Notice Steps for Demand and Recovery Under Section 73 Penalties and Interest Under Section 73 How is this different from Section 74 How to Respond to a Notice Issued Under Section...
Table of contents: DRC 07 Form significance and applicability Understanding DRC 07 among other GST Notices Situations that lead to the issuance of DRC 07 Process of Responding to DRC 07 Importance of timely responding to notice Common Mistakes and Tips for Compliance...
Table of contents: What is a SAC code in GST? Clear structure of SAC Importance of SAC Code for Businesses Application of Service Accounting Codes (SAC) for Real Estate industry SAC code for consultancy services Servicing Accounting Code for transport services Key...
The export of services under GST is treated as zero-rated supplies, meaning that the tax is not levied on the services provided, but businesses can still claim refunds on the input tax credit (ITC). This article explores the intricacies of the export of services under...
Table of contents: Why a Rent Agreement is Needed for GST Registration Key Components of a Valid Rent Agreement How to Draft a Rent Agreement for GST Registration Legal and Compliance Aspects to Consider Common Mistakes to Avoid in Rent Agreements for GST Registration...
Table of contents: Introduction Type of GST Invoices Regular Tax Invoice sample – Download format Bill of Supply – Brief understanding Revised Tax invoice sample – Download format Key elements to consider in a Tax Invoice Conclusion Understanding use...
Table of contents: What is Interstate GST? What is Intrastate GST? Difference between Intrastate and Interstate GST on – Applicability Tax Structure Place of Supply Input Tax Credit Registration Requirements Compliance and Returns Frequency of Filing Returns...
Table of contents: Introduction with common functions Fraud Detection and Prevention The Interplay Between GSTN and the E-Way Bill System Analytics Tools for Government Decision-Making Integration of GSTN with Third-Party Systems Role in Digital Transformation of...
