The best way to ensure you don’t face GST notice or scrutiny is simple: keep your outward liability, inward tax/ITC, and third-party data (2A/2B, e-way bill, TCS, imports) aligned. Below are the most ...

Learn how discrepancies between GST returns and financial statements arise, and discover best practices to reconcile GSTR-9 and 9C accurately to reduce scrutiny and ...

Hailed as a landmark reform, the Goods and Services (GST) Tax in India was introduced to bring all the indirect taxes under a common tax regime to foster a common market in the country. Before the ...

Time taken in reconciliation of compensation receipts can’t be termed as diversion of GST cess fund when the dues to states were fully released by the central government, they said. Finance ministry ...

The format for annual returns and audit is likely to be approved by the GST Council in its meeting on July 21. (File Photo) The format for annual returns and audit is likely to be approved by the GST ...

Panaji: The Goa Chamber of Commerce and Industry (GCCI), on Wednesday, flagged compliance challenges faced by Goan businesses ...

Finsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation. The product automates the ...

Goods and Services Tax (GST) was rolled out on July 1, 2017, and this is the first year when businesses will have to file annual returns (GSTR-9) for 2017-18 fiscal by December 31, 2018. Also those ...

Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed ...

Goods and Services Tax (GST) was rolled out on July 1, 2017, and this is the first year when businesses will have to file annual returns (GSTR-9) for 2017-18 fiscal by December 31, 2018. Also those ...