GST Rate Changes for Car and Motorcycle Seats GST Rate Changes for Car and Motorcycle Seats The GST Council has made significant adjustments to the tax rates applicable to various goods, and one of the key areas affected is the classification and taxation of car and motorcycle seats. In this blog, we’ll explore the recent … Read more
Guide to the e Invoice QR Code Verifier Mobile App Guide to the e Invoice QR Code Verifier Mobile App The introduction of e-invoicing in India has revolutionized the way businesses issue and validate their invoices, ensuring transparency and compliance with the Goods and Services Tax (GST) framework. With the introduction of the e-Invoice QR … Read more
Re-opening of Reporting ITC Reversal Opening Balance on GST Portal Date: Sep 17th, 2024 Re-opening of Reporting ITC Reversal Opening Balance on GST Portal In a significant move, the GST Common Portal has extended a final opportunity for taxpayers to report their cumulative Input Tax Credit (ITC) reversals as an opening balance in the newly … Read more
5 Important Documents to Collect from Your Bank After Closing a Loan 5 Important Documents to Collect from Your Bank After Closing a Loan Congratulations on paying off your loan! Whether it’s a home loan, car loan, or personal loan, closing a loan is a huge milestone. However, closing the loan is not the … Read more
Introduction to the New RCM Liability Introduction to the New RCM Liability The GST portal has introduced a new tool to simplify and enhance the transparency of Reverse Charge Mechanism (RCM) transactions – the RCM Liability/ITC Statement. This tool, effective from August 2024 for monthly filers and the July-September 2024 period for quarterly filers, helps … Read more
