Starting April 1, 2025, businesses must compulsorily register as an Input Service Distributor (ISD) under the Goods and Services Tax (GST) law. This means that if a company receives common services (like software, legal fees, or employee insurance) at its…
Here are the key GST updates for February 2025:
Here are the key GST updates for January 2025:
ITC Distribution by ISD for Interstate RCM Clarification on Local Authority Track & Trace Mechanism for Certain Goods Time of Supply for Vouchers Retrospective ITC Disallowance under Section 17(5)(d) Credit Note Tax Adjustment Section 34(2) Auto Generated GSTR 2B –…
GSTZen offers a comprehensive Notice Management feature designed to streamline the handling of GST notices. This tool allows users to efficiently manage notices across multiple GSTINs, ensuring timely responses and compliance. Key functionalities include: To get started with GSTZen’s Notice…
The Invoice Management System (IMS) introduced by GSTN is a transformative tool in the GST framework designed to streamline invoice handling and enhance taxpayer compliance. This document explains the system’s functionalities, implications, and user guidelines in detail, along with an…
Watch GSTZen’s webinar on the Practical Aspects of Filing GSTR-9 Annual Return. Watch it here!
The user can take action on the invoices available in the Invoice Management System (IMS) dashboard in a few simple steps: Step 1: Log in to your GSTZen account. Step 2: Add GSTIN or Select the GSTIN from the list.…
In these four simple steps, you can back up your E-invoice data by downloading it from the sales register. Step 1: Choose the GSTIN. Step 2: On the right-hand side, please select sales register. Step 3: Click on show/Hide and…
2- Factor Authentication for e-Way Bill and e-Invoice System: Those who are generating eWay Bill / eInvoice on the portal, a concept of 2- Factor Authentication is getting introduced from 15th July 2023. At the begining this is being made…