Customer Care
+91-9951805559

GST Tip 463

GST Tip – 463 : What we can understand is that hardly 50% of the taxpayers have filed GSTR -1 and if enforcement is undertaken immediately it means that about 50% of the taxpayers will receive notices and at the same time many of the taxpayers have to reverse the ITC with interest if matching […]

Read More

GST TIP – 448

As per Circular No. 05/2018-Customs, the exporters have to fill the Table 6A of the GSTR – 1 with correct details like the Invoice number, Taxable value, IGST paid, Shipping Bill number, Shipping Date and Port Code. If the above values are missing or not matching the refund application will not be processed.

Read More

GST Tip – 187

A new form has been introduced in the Revised Return Rules called FORM GST MIS – 1, and this form will be made available on the common portal. It will contain the list of invoices which are matched by the supplier’s records, re-credit is taken on input tax on account of matching subsequently, re-credit  on […]

Read More

GST Tip – 169

Input tax credit availed on provisional basis has to be reversed if the supplier has not paid the input tax credit along with interest for the period from the date of availing ITC to the reversal. The same be taken if the supplier pays the tax but in the new GST Law released looks like […]

Read More