E-Invoicing Under GST: A Complete Guide (2025)
What is E-Invoicing in GST? E-Invoicing is a digital system where business invoices are authenticated in real-time by the GST Network (GSTN) before use. Each valid invoice gets a unique IRN (Invoice Reference Number) and QR code, making transactions more transparent and reducing tax fraud. Who Needs to Generate E-Invoices? (2025 Rules) Businesses with ₹5 crore+ annual turnover (B2B & […]
Reverse Charge Mechanism (RCM) in GST – Latest Updates & What Businesses Must Know
The Reverse Charge Mechanism (RCM) under GST has always been a critical compliance area, requiring businesses to stay updated on frequent changes. In May 2025, the GST Council introduced key modifications to RCM provisions, impacting tax liabilities, compliance burdens, and input tax credit (ITC) claims. Key RCM Modifications in May 2025 1. Expanded List of Goods & […]
How to Avoid GST Notices in 2025 – Best Practices
How to Avoid GST Notices in 2025 – Best Practices Admin June 5, 2025 Introduction Receiving a GST notice can be stressful and time-consuming. With stricter compliance rules in 2025, businesses must proactively follow best practices to avoid scrutiny from tax authorities. This guide covers practical steps to minimize the risk of GST notices and […]
GST Rate on Used Vehicles : Standardized Rules & Implications
Buying or selling a used vehicle in India involves understanding the Goods and Services Tax (GST) implications. The government has introduced standardized rules to bring transparency and uniformity to the taxation of pre-owned cars, bikes, and other vehicles. How Does GST Apply to Used Vehicles? Under GST, the sale of used vehicles is treated […]
E-Way Bill Conditions in 2025: What Businesses Need to Know
E-Way Bill Conditions in 2025: What Businesses Need to Know Admin April 25, 2025 The E-Way Bill (EWB) system plays a crucial role in the transportation of goods under India’s Goods and Services Tax (GST) framework. It ensures transparency in the movement of goods, reduces tax evasion, and streamlines supply chain operations. As we move […]
Input Tax Credit (ITC) Filing Rules & Tips for 2025
Input Tax Credit (ITC) Filing Rules & Tips for 2025 Admin April 21, 2025 Input Tax Credit (ITC) is a fundamental feature of the GST regime, allowing businesses to reduce their tax liability by claiming credit for taxes paid on purchases. However, with evolving GST regulations, staying updated on ITC rules is crucial. Here’s a […]
Composite Supply vs Mixed Supply Under GST: Key Differences
Composite Supply vs Mixed Supply Under GST: Key Differences Admin April 12, 2025 Goods and Services Tax (GST) classifies supplies into different categories, including Composite Supply and Mixed Supply. Understanding these concepts is crucial for businesses to determine the correct GST rate and ensure compliance. 1. What is a Composite Supply? A Composite Supply consists of two or […]
How to Solve Common GSTR-1A Errors: Essential Tips
How to Solve Common GSTR-1A Errors: Essential Tips Admin March 31, 2025 GSTR-1A is a critical part of the GST filing process that deals with amendments or corrections in the previously filed GSTR-1 returns. It comes into play when the recipient of goods or services (i.e., the buyer) identifies discrepancies in the GSTR-1 filed by […]
How to Rectify Common GST Registration Errors: A Complete Guide
How to Rectify Common GST Registration Errors: A Complete Guide Admin March 27, 2025 GST registration can sometimes be a tricky process for businesses, especially when errors occur that delay or hinder the approval of your application. Fortunately, most of these issues are not permanent and can be easily fixed. In this blog, we’ll walk […]
How to Properly Create an Exempted GST Invoice
How to Properly Create an Exempted GST Invoice Admin March 15, 2025 Under the Goods and Services Tax (GST) regime in India, certain goods and services are exempted from GST, meaning no tax is levied on them. Businesses must still issue invoices for exempted goods or services, but these invoices will not include any GST […]