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Ruchika Tulsyan

Latest Posts by Ruchika Tulsyan

E-Invoicing Under GST- Benefits, Process and Main Points

October 21, 2019 3816 Views 6 comments Print

Background: GST Council in its 37th Council meeting held on 20 September 2019 approved the standard of E-Invoice and it has been publish on GST portal along with scheme. What is E-Invoice? E-Invoicing is a process in which all the B2B invoices created by accounting software will be authenticated electronically by GSTN for further use […]

General GST Provisions for MSME Sector

October 18, 2019 3351 Views 0 comment Print

Many decisions have been taken by the GST Council in its various meeting for the betterment and befit of MSME Sector: Details of such major decisions are as below 1. Goods, which are manufactured majorly by the unorganized MSME Sector, have been kept at lower rates or are exempted. For example: Electrical switches and wires, […]

Voluntary & Compulsory GST Registration – Things to know

October 9, 2019 15834 Views 6 comments Print

Every supplier who makes supply of taxable goods and services or both needs to take registration under GST if his aggregate turnover in a financial year exceeds the threshold limit. The Threshold limit for taking registration are as follows: In case of supplier of services – Rs. 20, 00,000 (Rs. 10, 00,000 for states of […]

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