The GSTR-5 form is a monthly return form required to be furnished by every registered non-resident taxable person at the GST Portal.
Read MoreUnder the GST regime, an “invoice” or “tax invoice” means the tax invoice referred to in CGST Act, 2017. This section mandates issuance of invoice or a bill of supply for every supply of goods/service
Read MoreThe term ‘audit’ under GST means the examination of records, returns and other documents maintained by a registered taxable person.
Read MoreIn any business model, be it an MSME or MNC, inventory and fixed assets are the two primary aspects. However, because of their nature, they are are accounted for incorrectly in the balance sheet.
Read MoreIn TallyPrime there are shortcuts for almost everything. You can use tally software without a mouse, which will help you in faster data entry, easy navigation, easy report viewing, easy printing, etc
Read MoreA general ledger account is an account or record used to sort, store and summarize a company's transactions.
Read MoreSurely under GST, online shopping could transform into a better experience. However, a more holistic view on the impact of GST on e-commerce, need to be taken by both businesses and customers.
Read MoreSurplus inventory is a challenge faced by almost every business. Irrespective of the size of the business, inventory management is one of the most crucial aspects which must be achieved seamlessly.
Read MoreOriginally, FORM GSTR-4 was a quarterly return form for those taxpayers who opted Composition Scheme. With the latest GST council meeting, the periodicity of GSTR-4 is changed to annually.
Read MoreGoods and Services Tax is an indirect tax that has been levied on the supply of goods and services that is on every value addition. Today, every business is using one or the other GST calculator.
Read MoreAs per GST law, ‘tax invoice’ or 'GST Invoice' is required to be issued by a registered taxable person showing description of goods and/or services, value and tax, at the time of supply.
Read MoreWhy Retail Inventory Management? - Retail Inventory Management saves time and ensures the customers easily locate their desired merchandise and return home satisfied.
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