Customer Care
askus@india-gst.in

Change or Perish: New Year – New Resolutions in Business

The new year is around the corner, and we normally come across resolutions adopted by the people for the beginning. Now the same has intruded into the business, especially from the GST perspective. It is the time for the business to take resolution and then take it forward else the entrepreneur cannot reach his goals. […]

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Generation of E-way Bills by Transporters for e-invoices

e-Invoice is launched on 1st Oct 2020 successfully for the tax payers having annual turnover more than Rs. 500 Crores. More than 33000 tax payers have accessed this system and generated more than 1250 Lakhs of IRN from the NIC portal, as on date. On average, 18 Lakh IRNs are generated daily. The NIC system […]

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Auto-population of e-invoice details into GSTR-1/2A/2B/4A/6A

1. Certain notified taxpayers have been issuing invoices after obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Details from such e-invoices shall be auto-populated in respective tables of GSTR-1. Update on the status of such auto-population was last published on 30/11/2020. 2. For those taxpayers who had started e-invoicing from 1-10-2020, the […]

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Demystifying 1% GST Liability Discharge in Cash

Availing input tax credit seamlessly is one of the major features of Goods and Service Tax. The recipient is entitled to take the input tax credit on goods or services on his inward supplies if the recipient is registered under GST and used for taxable supplies. In the recent past, we have seen many new […]

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e-invoice: Decision Flow Chart

Taxpayers having turnover above Rs 100 crores in any of the last three financial years have to issue IRN (Invoice Registration Number) from 1st Jan 2021. The flow chart helps the taxpayers to take a decision on how to implement the same.

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Frequently Asked Question on e-invoicing APIs

Q: Purpose of the API Ans: To get invoices uploaded in IRP and their status of auto population in GSTTR1. Even if you change any value in GSTR1 for auto populated invoice, this API will always return data uploaded in IRP. Q: If GET E Invoice API is used to pull the data from e […]

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e-invoicing: The Game Changer

The rollout of GST is a game-changer for the Indian Business as it brought in uniform taxation and standardization. As part of it now, now e-invoicing is being introduced and similar to rollout of e-invoice, it requires a change in business process and adoption of technology. For the above reasons only it is dubbed to […]

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Advisory on challenges in Auto Populated of GSTR – 1 for e-invoices

Taxpayers having turnover above Rs 500 crores are required to issues e-invoices from 1st Oct 2020. As part of Digitization, e-invoices issued by the taxpayers will be auto-populated to GSTR – 1. This was supposed to happen from 13th Nov 2020. Due to some unforeseen technical issues, the same is not happening as planned. Taxpayers […]

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e-invoice data auto-population to GSTR-1

To provide better user experience at the same time to curb the tax evasion, e-invoice is introduced from 1st Oct 2020 for taxpayers having turnover above Rs 500 Crores. Now the same is extended to taxpayers having turnover above Rs 100 crores from 1st Jan 2021 and which will be further expanded to all B2B […]

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e-invoice updates

In the recent past we were seeing a lot of reports in the secondary media that the threshold for e-invoicing will be increased to Rs 500 crores from the existing Rs 100 Crores. Now the same has been notified wide Notification No. 61/2020 – Central Tax dated 30th July 2020 The Schema for the e-invoice […]

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