15 Matters to keep in mind for GST in 2020

15 Matters to keep in mind for GST in 2020

Each new year comes with challenges, new expectations, desires, and responsibilities. The introduction of the Goods and Services Tax (GST) in India is a major tax reform. This is a great year for GST from 2017-2019. The GST rate on 178 items fell from 28% to 18%....
How to file Nil GST Return?

How to file Nil GST Return?

Everyone with a GST Registration must file GST Return, either there has been any turnover or not, within the month. In short, no Sale or Purchase has appeared, in a month, you, still, have to sign to Government GST Portal and comply with a NIL return. So if you are...
A guide to your copy of the GST Registration Certificate

A guide to your copy of the GST Registration Certificate

All businesses whose turnover surpasses Rs. 40 lakh (for goods suppliers) and Rs. 20 lakh in case of services providers) have to get GST registration done in India. The limit is half; Rs 20 lakh for goods suppliers and Rs. 10 lakh for services providers, for Special...
Delivery challan under GST

Delivery challan under GST

What is the delivery challan? A delivery challan is a record or a document produces in the procedure of transferring goods from one place to another. Which might or might not result in trades. This is transported along with the communicated goods. It includes the...
Debit Note: A Way to revise Sales Invoice under GST

Debit Note: A Way to revise Sales Invoice under GST

Debit Note and Credit Note come into the action when some error has been committed during a financial transaction. The mistake can be simply human error or due to some mechanical fault. To neutralize the effect of this error on the invoices, a Debit Note or a Credit...