Play Store

App Store

IRIS GST Blogs

Nil GSTR9 Return Filing: Do You Need to Do That?

Nil GSTR9 Return Filing: Do You Need to Do That? As you may know, GSTR 9 is an annual return form that a regular taxpayer is required to file for his/her annual turnover. The form requires invoice details for inward and outward supplies as procured by the given business. But what if no invoices were issued for any inward or outward transaction throughout the year, would a business be still required to file GSTR 9?

Penalties and Confiscation on non-generation of E-way bill

Penalties and Confiscation on non-generation of E-way bill As the new provisions have been rolled out for E-way bill, it is important to fully understand the different rules to be completely compliant. This blog will educate you on howto be compliant and avoid any penalization.

A Boost to “Housing for All” - 33rd GST Council Meeting Highlights

A Boost to “Housing for All” - 33rd GST Council Meeting Highlights The 33rd GST Council Meeting was held on 24th February 2019 under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley in New Delhi. The council meeting concluded with good news for the Real Estate sector of the Indian Economy. Following are the highlights from the meeting:

5 Aspects of ITC Distribution an ISD should Know

5 Aspects of ITC Distribution an ISD should Know The ISD or Input Service Distributor is responsible to distribute the ITC to its sub-branches for the services utilised by them. However, there are some rules an ISD has to follow, for distribution of the ITC. Here are 5 rules or aspects to be considered by the ISD while ITC distribution.

33rd GST Council, Adjourned!!!

33rd GST Council, Adjourned!!! The 33rd GST council meeting was scheduled to be held on February 20th, 2019. However, state finance ministers requested a face-to-face discussion on special schemes for Real Estate Industry and issues in taxation system on lotteries. Thus, the union chairperson, Shri Arun Jaitley adjourned the GST council meeting until Sunday, the 24th of February 2019.