Category: GST Compliance

Explore in-depth guidance on GST compliance, including regulatory requirements, deadlines, and best practices for businesses. Stay updated and ensure your business remains compliant with GST laws.

 

Checklist for a GST Invoice | Top 8 Rules You must follow

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on Checklist for a GST Invoice | Top 8 Rules You must follow

In the era of digital transformation and transparency, today we have many software and facilities for issuing GST-compliant invoices. Certainly, all the software issue tax invoices which are different in their formats. It must contain certain details which are mandatory by law. Also one must issue such invoices within a stipulated time frame. A valid […]

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GST on imports to be charged at the time of importation of goods

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on GST on imports to be charged at the time of importation of goods

04.08.2017: GST Council has clarified that IGST (Integrated Goods and Service Tax) will not be levied at the time of making high seas sales agreement, but the same will be levied at the time of importing the goods at the custom-house.  This will be a great relief to the oil and gas, power, and telecom […]

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Top 5 Books of Accounts to be Maintained in GST !

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on Top 5 Books of Accounts to be Maintained in GST !

According to section 35 of CGST ACT, the taxpayer needs to maintain a list of account records of outward and inwards supplies. Let us see various kinds of accounts and records, a taxpayer needs to maintain at his principal place of business. Here is the list of such Account books and records. Details of production […]

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