(GST) GST Form RFD 11

Central government in their notification dated July 1st, 2017, has introduced a new form GST RFD 11 in the context of 'Refund of integrated tax paid on export of goods or services under bond or Letter of Undertaking'

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GST Delivery Challan Format

GST (Goods & Service Tax) bill is leading to overhaul of all indirect taxation in india along with rules n regulations to move goods across india.

GST Delivery challan is used during the movement of goods whenever tax invoice can not be issued. They are two cases for the gst delivery challan instead of gst tax invoice:

  1. Movement of goods does not amount to supply of goods
  2. Tax invoice is not yet possible for the movement of goods. So a delivery challan is used and subsequently a tax invoice is raised.

Here are the details of GST delivery challan format.

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Hasmukh Adhia on GST (GST in simple terms)

At this moment, both small and large businesses, suppliers and retailers are struggling to understand the impact and implications on GST. Even though GST has been active since July 1st 2017, there is still lot of confusion and open questions.

Hasmukh Adhia (Revenue secretary, Ministry of Finance) has emerged as one of the most clear voice of GST from government site.

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GST Ledger Balance

GST (Goods and Service Tax) is active all across india from July 1st, 2017. GST is meant to simplify indirect taxation scheme and subsumes earlier Service tax & vat regimes. Once registered with GST portal, the members can submit and see all their invoice and return details on the portal easily.

GST ledgers are an important part of overall GST workflow and allows people to easily visualize their cash and credit flow. You can find your 'GST ledger balance' on the dashboard of gst portal. This article explains how to understand this ledger balance.

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GST No Search - GST Number (GSTIN) search

GST (Goods and Service tax) is now live all across india from July 1st 2017. So from now onwards, every invoice needs to include GST No (GSTIN - GST identification number). Also every company needs to submit the GST number to banks and other suppliers so that data is correctly reflected in government records. But how to search GST no?

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(UAN) EPF Balance Check on Mobile

EPF (Employee Provident Fund) managed by EPFO is India's main social security scheme having more than 4 crore members. Though EPF members used to face tough time figuring out their balance in epf account. But this is now a thing of past. Due to recent changes with UAN and online services provided by EPFO, now it is easy to check your epf balance on mobile.

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GST Jurisdiction for registration and challan, center vs state

GST (Good and Service Tax) is now active all across india bringing a new unified tax regime for the country. Though people are having lot of doubts about different aspects of GST. We have been hearing questions about GST jurisdiction. For example, what jurisdiction details to enter while creating a challan for tax payment, what is a jurisdiction details while doing registration, what's the boundary between state and center jurisdiction etc.

This article provides some answers to these questions. We will update this as more and more clarity emerges.

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GST on LIC Policy - GST rates for LIC insurance plans

GST (Goods and Services Tax) is going to live from July 1st, 2017 and it has a big impact on all insurance policies sold by LIC. This article explains the applicable GST rate on LIC policy from July 1st 2017 and what has changed.

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GST Registration Status Active Pending Verification & GSTIN ID

Most of existing service tax and vat registered businesses have applied for GST registration through provisional id and password. But their current GST application status remains 'active pending verification'. What's the meaning of this status, how to get GSTIN ID and provisional GST registration certificate.

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GST Invoice Format in India

GST (Goods & Service Tax) is a landmark indirect tax scheme in India and is going live from July 1st, 2017. As part of GST, all previous indirect taxes like service tax and vats are now being replaced with GST. Thus all new invoices that are created from July 1st 2017 need to be based on latest GST rules.

Lot of businesses as well as finance professionals are currently struggling to find the gst invoice format. Please note that under GST, there are two type of invoice. First is GST Tax Invoice and second is called Bill of Supply. Bill of supply is used where the seller is not allowed to charge GST tax (this can happen if the items are exempt from tax under GST or the seller is using GST composition scheme). In all other cases, GST tax invoice is raised.

This article explains the details for invoicing under GST and how to include CGST, SGST, and IGST in the invoice.

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