Learn about challenges in reporting Electronic Credit Reversal and Reclaimed Statements for GST and potential issues taxpayers may face. Get insights into reporting and compliance
Rule 48(4) of CGST Rules 2017 notifies certain class of suppliers who are required to undertake E-Invoicing procedure for issuance of a tax invoice. This rule was inserted w.e.f. 13.12.2019 vide Notification No. 68/2019 dt: 13.12.2019.
Sometimes we wonder how creative GSTN authorities are! Ideally, GSTN was supposed to translate the GST law and Rules into the implementable reality. However, they are so creative that they have discovered something which does not even exist!!! It is a well-known fact that while drafting GST Law and Rules, Government had envisaged form GSTR-2 […]
