Category: Learning Portal

HOW TO CREATE GST PAYMENT CHALLAN

How to Create GST Payment Challan? To make GST payment, GST payment challan must first be generated from the GST portal. Once the payment challan is generated, payment can be made by internet banking, credit/debit card, NEFT or cash payment at designated banks. In this article, we look at the procedure for creating GST payment challan and making GST…

Read More

GST INVOICE

GST Invoice Format and Rules The rollout of GST in 2017 will necessitate changes to the invoice format for millions of businesses. The format for issuing GST invoice and the related rules are laid out in the GST Tax Invoice, Credit and Debit Notes Rules. In this article, we look at GST Invoice Format, the manner of issuing invoice and…

Read More

GST COMPOSITION SCHEME

GST Composition Levy – Eligibility & Application Procedure Small businesses are the backbones of the Indian economy and there are an estimated 55 million Micro, Small and Medium Enterprises operating in India. The rollout of GST would have an extensive impact on over ten million SME businesses operating in India and would require compliance under the GST regime. However, many small businesses…

Read More

BENEFITS OF MSME REGISTRATION

MSME Certification makes a systematic flow of data for government to make the correct calculation of economy etc. Even government also promote MSME Certification. That is why there are a lot of Tax benefits, Finance benefits provided by the government to the MSME Certificate holders. The following is an inclusive list of benefits of MSME Certification. Government Special Schemes Government provides a lot of assistance…

Read More