Hi All, In this tutorial, I will try to explain to you the way to address your additional business in GST through Geocoding. What is geocoding in GST? Geocoded is a way to verify your business place through the Indian map in one click, it means In the context of […]
Continue readingHow to calculate Interest and late fees in the GST.
Hi All, In this tutorial, we will learn how to calculate the interest and late fees in GST. Let’s get started, Why do we need to pay late fees and Interest in the GST? The GST department has already announced that if any GSTIN holder does not file their GST […]
Continue readingWhat is the concept of a credit note and a debit note? What are credit notes and debit notes?
Hi all, In this tutorial, we will begin learning about debit notes and credit notes. Let’s start What is Credit note and debit note? A credit note is issued by a seller to a buyer with the purpose of decreasing the amount owed by the buyer for purchased goods or […]
Continue readingWhere I can check the GST filing status of our client? | How to check the client’s GST filing status?
Hello Guys, Today, we will discuss how to determine the GST filing status of our vendors or clients. Let’s start, Many GST holders do not know where I can see the GST filing status of our clients or vendors. So that’s why I am giving you the way where you […]
Continue readingAmendment to Credit Note and Debit Note in GSTR-1.
Hey All, In this tutorial, I will let you know the steps to amend credit and debit notes in a simple way. Let’s begin, If you made a mistake in credit and debit notes by entering any of the columns, then don’t worry, and be ready to correct your mistake […]
Continue readingHSN Code is mandatory for E-way bills & e-invoices from 1st October 2023
Hey all, Today, I will inform you about the new GST changes, which make it mandatory to include the HSN/SAC code starting from October 1, 2023. What is the HSN/SAC Code? The HSN (Harmonized System of Nomenclature) and SAC (Services Accounting Code) codes are systems used in India for the […]
Continue readingE-INVOICE – Two new changes will be applicable to GST holders starting from November 1, 2023.
Hey Friends, Thank you for visiting my informative blog. Today, I will inform you about the two changes in GST. Let’s begin, What is E-Invoice? ‘e-Invoicing,’ or ‘electronic invoicing,’ is a system designed for the authentication of B2B invoices and several other related documents electronically through the GSTN (Goods and […]
Continue readingWhat is Short delivery intimation
Your purchase of 1000 quantity of COCHINSHIP was short delivered. You will either have your purchased shares delivered to your demat account or the funds credited to your ledger (in case of non-receipt of stock) by 2023/09/11. You will be able to see the stock in your Kite holdings one […]
Continue readingElectronic Credit Reversal and Re-claimed Statement | New Report ITC reversal Opening Balance in GST
Hey Friends, Today, I am going to show you how to enter your ITC reversal amount for re-claiming and which column is important to enter the correct details for completing the ITC re-claiming process. What is Electronic Credit Reversal and Re-claimed Statement? An Electronic Credit Reversal and Reclaimed Statement (ECR) […]
Continue readingHow to Check Your Income Tax Refund Status Online
An income tax refund refers to the reimbursement of surplus tax payments made by a taxpayer during a specific financial year. This refund is initiated by the tax authorities when the taxpayer’s actual tax liability is lower than the amount of taxes paid. The process for claiming this refund usually […]
Continue readingA Comprehensive Guide to Claiming Your Income Tax Refund After Filing ITR
What is an Income Tax refund? An income tax refund occurs when a taxpayer has paid more taxes during a specific financial year (FY) than their final assessed liability. This situation often arises due to compulsory advance tax payments or Tax Deducted at Source (TDS) deductions on the taxpayer’s income. […]
Continue readingTop 10 Protein Powder Manufacturing Company
“Protein powder” is a dietary supplement that is typically used to increase protein intake in one’s diet. It is commonly used by individuals who are looking to build muscle, recover from workouts, or meet their daily protein needs. Protein powders come in various forms, including whey protein, casein protein, plant-based […]
Continue readingFood Processing & Quick Service Restaurant (QSR) Chain Company Stocks in India
# Company Name #1 Jubilant FoodWorks #2 Burger King #3 Zomato #4 Devyani International Limited #5 Mrs Bectors Food #6 Parag Milk Foods #7 Zydus Lifesciences #8 Annapurna swadisht #9 Sapphire Foods India Ltd #10 Westlife Food #11 Restaurant Brand #12 Barbeque-Nation #13 Coffee Day Enterprise Jubilant FoodWorks: Jubilant FoodWorks […]
Continue readingTop Electronics Manufacturering Companies / Stocks in India
India Most Profitable Company Stocks 2023
1. HLE Glascoat2. Kama Holdings3. CDSL4. Jubilant FoodWorks5. CMS Info Systems6. Gujarat Themis Biosyn7. Godfrey Phillips8. IRCTC9. Alkyl Amines Chemicals10. GSK Pharma11. Marksans Pharma12. Balaji Amines13. Saksoft14. Mold-Tek Tech.15. Manali Petrochemicals16. K.P.R. Mill17. Jash Engineering18. Wendt19. Vinati Organics20. Coforge21. SKF India22. Carysil23. Heranba Inds.24. Shri Jagdamba Polymers.25. Grindwell Norton26. Timken […]
Continue readingTRACES: Request for OLTAS challan correction | TDS challan correction
Hey all, Today, I would let you know about the OLTAS challan correction process. what is the OLTAS challan request form? Request for OLTAS challan correction refers to the formal process of rectifying errors or discrepancies in an Online Tax Accounting System (OLTAS) challan. OLTAS is a system introduced by […]
Continue readingStep by Step Guide to add New Director in any company in india
How To Add A Director To Your Company? Step 1: The proposed director should obtain a DSC if they do not have a DSC. Step 2: The proposed director should obtain a DIN in Form DIR-3 if they do not have an active DIN. Step 3: The company should conduct a general meeting […]
Continue readingComplete list of requirement to become a director in Company in india
Sure, here is the complete list of requirements to become a director in a company in India: In addition to these requirements, some companies may have additional eligibility criteria, such as a minimum educational qualification or a certain number of years of experience in the industry. If you meet all […]
Continue readingITR Filing – Schedule questions – Salary Exemption
Question 1 Are you eligible to claim exemption in respect of expenditure incurred on cost of travel on tour or transfer or helper etc Are you eligible to claim exemption[ Refer Section 10(14)(i) read with Rule 2BB(1)(a) to (c) ] Certain prescribed allowances or benefits which are granted specifically to […]
Continue readingHow to submit an e-invoice Exemption declaration?
Hey All, Thanks for coming to my blog, in this blog, you would know how to submit an exemption declaration for e-invoicing. There is an exemption in the GST for the applicability of e-invoicing. the GST department has already announced that some of the categories are not covered in the […]
Continue reading