Under the Atma Nirbhar Bharat Abhiyan Finance Minister Nirmala Sitharaman announced revision of definition for Micro, Small and Medium enterprises (MSMEs) where the investment limits have been raised. Not only this but have issued new guidelines for classification and registration…
Tag: GST
All About GST E-Invoiceing in India
What is e-invoice in GST? e-Invoice known as ‘Electronic invoicing’ is a system in which all B2B invoices are electronically uploaded and authenticated by the designated portal. Post successful authentication, a unique Invoice Reference Number (IRN) is generated for each…
NEW GST Return Due Dates for GSTR 1 GSTR 3B to GSTR 9 & 9C Due To COVID-19
The government releases the GST return forms details which are mandated to be filed according to the due dates under GST mentioned in the attached notification. The submission and uploading of the returns are totally online. We have mentioned all…
Services Supplied to Nepal and Bhutan: GST Applicable or Not ?
When services are supplied to Nepal or Bhutan, all of the above conditions can be satisfied, except the condition ‘The payment for the service has been received by the supplier in convertible foreign exchange’. In Nepal and Bhutan, there can…