GST Articles

GST E-Invoice System and the E-Way Bill System

Posted by Ram Avtar Singh 24 May 2025 3017 Views

The Indian Goods and Services Tax (GST) system, introduced in July 2017, has revolutionized indirect taxation. To improve compliance, transparency, and automation in tax administration, the government has implemented two major digital systems

Payment Voucher Details Are Now Mandatory On RCM Under GST

Posted by Mitali 23 May 2025 1995 Views

GSTN has issued an advisory recently that documents reporting in GSTR-1 is made mandatory from the May 2025 return period.

GST for Freelancers & Consultants: Complete Guide for Domestic & International Clients with Practical Q&A

Posted by Mohd Muaz Malik 16 May 2025 3203 Views

GST for Freelancers & Consultants: A Complete Guide for Domestic & Foreign Clients (With Practical Q&As, Sections, Rules & Compliance Tips)

RCM and Self-Invoicing Challenges for Indian Corporates

Posted by Shreyans Panchal 15 May 2025 4082 Views

Reverse Charge Mechanism, or RCM as it's commonly known, is one of those GST rules that sounds harmless on paper but tends to create a lot of buzz - and confusion - in the real world of accounting and compliance.

GST Penalty Pre-Deposit Reduced: CGST Act Amendments

Posted by Sahil Jaiswal 15 May 2025 15 Views

Discover how the CGST Act amendments reduce GST penalty pre-deposit to 10%, easing appeals for taxpayers. Learn the practical implications and benefits.

RCM Under GST: How To Record Entries In Tally?

Posted by Mitali 15 May 2025 412 Views

RCM under GST applies to certain categories where the buyer has to pay GST directly to the government and then can claim ITC if eligible.

The Significance of Entertainment in the Busy Lives of Indirect Tax Professionals

Posted by Raj Jaggi 14 May 2025 565 Views

Entertainment and the lives of Indirect Tax Professionals-such as Chartered Accountants, Advocates, and others-are more closely linked than they may seem at first glance.

Future of GST Compensation Cess: What to Expect Beyond Mar 26

Posted by Chaitra Seetharam 12 May 2025 2 Views

Future of GST compensation cess totally hinges on the GST Councils decision about the surplus after loan repayments.

GSTR Reconciliation with Advance Excel Utility

Posted by Roodita Gaikwad 12 May 2025 9521 Views

GSTR Input Reconciliation with GSTR-2A Using Advance Excel UtilityFiling the GST Annual Return (GSTR-9) is a crucial compliance task for every registered taxpay...