What is Indirect Tax? Indirect tax is a tax imposed by the Government on goods and services consumed. From the name itself, it can be
Author: RONY GEORGE
Relief in payment of late fee, for delay in filing Form GSTR-3B
The Government, by way of notification, has waived the late fee payable in excess of specified amounts given in the table. (Note: Please refer to respective State/UT
Extension of dates
Extension in dates of various GST Compliances for GST Taxpayers 03/06/2021 Government has extended the dates of various compliances under GST by issuing notifications, as
Debit Notes & Credit Notes
A credit note or debit note is a legal method by which the original tax invoice can be amended or revised. The issue of the
Tax Invoice, Bill of supply, Invoice-cum-bill of supply, Delivery Challan.
1. Tax Invoice A tax invoice shall be issued only by a registered person (registered under GST) supplying taxable goods or taxable services or both
Electronic Way Bill (E-way bill)
What is E-way bill? E-way bill is an electronic document generated on the GST portal evidencing movement of goods. Copy of e-way bill is carried
Why e-invoice details are not auto-populated into GSTR-1 ?
As updated by GSTN, for the month of March, 2021, the auto-population of e-invoices into GSTR-1 (of March, 2021) is still in progress and is
Validity of Foreign Trade Policy – Extended till September, 2021
The Union Commerce and Industry Ministry announced extension of the Foreign Trade Policy (FTP) of Government of India. The present Policy which came into force