Central Board of Excise and Customs (CBEC) on 8/8/2017 has notified vide Notification No: 21/2017-Central Tax, that the last date to file GSTR-3B return is 20th August 2017 for the month of July 2017. In simple terms, GSTR-3B is the summary of your sales and purchase made during the tax period. Dates of GSTR-1 and […]

Compared to the old tax regime, processes under the GST regime are easy. Though it is GST Return filing process or the Refund process. The Government has put utmost focus to make the refund process easier as compared to the previous tax regime. Delays in refund can cause the problem for the exporters and the […]

After the rollout of GST since 1st of July, many queries have arisen. One such query was asked by many of our readers, which is “How to claim input tax credit under GST?” In our previous post, we discussed “Number of Returns to be filed by Regular Taxpayer under the GST Regime?“. These are our […]

GST has been rolled out from 1st July. As it is the initial stage, many queries are arising about the number of monthly GST Returns to be filed. We have received this question around 15 times via emails as well as on calls in past 3 days. Thus, we decided to put clear the air […]

There are mainly 8 types of GST invoices and vouchers prescribed for different types of transactions. They are as follows: Tax Invoice. Bill of Supply. Receipt Voucher. Refund Voucher. Payment Voucher. Debit Note and Credit Note. ISD Invoice. Delivery Challan. Let us discuss the purpose of each in detail. GST Invoices and Vouchers 1.Tax Invoice […]