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List of Items Exempted from E-Way Bill

June 23, 2021

All GST registered business owners have to generate and keep e-way bills as they transport goods from one place to another if their consignment values are more than 50000 within state or intra state. The following list of items exempted from generating e-way bill.

E way Bill, GST Eway Bill,...

GSTR 5 Format - Details to Know

June 17, 2021

GSTR 5 is a GST document that has to be filed by a non-resident taxable person who carries out a business in India for a particular period. GSTR 5 filings could be done either online or via a tax facilitation center.

GSTR 5, GST Return, GST

What is GSTR 5?

June 15, 2021

GSTR 5, GST Return, GST

GSTR 4 Format - Details to Know

June 11, 2021

GSTR 4 is a GSTR return document for composition dealers which has to be filed by a registered taxpayer every year, 30th of April. Form of the GSTR 4 format contains the sum of the transacted sales and supplies, paid tax at compounding rate, and invoice level details of purchases of the composition dealer made from other registered taxpayers during the tax period.

GSTR 4, GST Return, GSTR 4...

What is GSTR 4?

June 08, 2021

GSTR 4 is a GSTR return document for composition dealers which has to be filed on a quarterly basis. The GSTR 4 contains the sum of the transacted sales and supplies, tax paid at compounding rate, and invoice details of purchases of the composition dealer made from other registered taxpayers during the tax period.

GSTR 4, GST Returns

What is GST Reconciliation?

June 07, 2021

GST reconciliation is a regime in GST in which the business organization should do monthly. The matching concept is a mechanism implemented by the government allowing input tax credit to the recipient only if the corresponding outward supply of the recipient is matched.

GST, GST Reconciliation

GSTR 3B Form- An Overview

June 03, 2021

GSTR 3B is a simple, consolidated, self-declared GST summary of inward and outward supplies during a month which has been introduced for businesses to file returns without much difficulty.

GST Return, GSTR 3B, GSTR 3

What is GSTR 3B?

May 31, 2021

GSTR 3B is a simple ,consolidated , self declared GST summary of inward and outward supplies during a month which has been introduced for businesses to file returns without much difficulty.

GSTR, GSTR 3, GSTR 3B

GSTR 3 Form - Details to Know

May 25, 2021

GSTR 3 is a monthly return document, which compiles the transactions regarding the sales, purchases, interstate movement of a stock, and GST liability during a month. It is auto-generated information based on the information from GSTR 1 and GSTR 2

GSTR 3, GST Return

What are GST Penalties and Appeals?

GSTR 7 Format - Details to Know

What is GSTR 7?

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