Blogs
The world of design engineering is on the cusp of a paradigm shift. Imagine a world where expensive and time-consuming physical prototypes become relics of the past, replaced by sophisticated virtual twins – dynamic simulations mirroring the behavior of your…
E-invoicing in GST is considered to be one of the major compliance measures in India for businesses. However, not all businesses are required to comply with it. This is because E-Invoicing applicability in India depends on multiple aspects like business…
What is GSTR-9C? GSTR-9C was introduced into GST Law on September 13, 2018. It’s an annual audit form that certain taxpayers must submit under GST. Along with this form, taxpayers need to file a GST reconciliation statement and submit audited…
Data holds immense value for enterprises and if handled with precision, it may yield valuable insights into key aspects of a business. Furthermore, these insights contribute to improving operational efficiency and driving strategic business initiatives through informed decision-making. As of…
Goods and Service Tax regime brought with it a systematic process where buyers could claim credit for the tax paid to sellers by way of ITC. This system encourages compliance, as buyers can only claim Input Tax Credit (ITC) if…
GSTR-9 represents the annual return for Goods and Services Tax (GST) that must be submitted by taxpayers by December 31st each year. This return serves as a comprehensive summary of the financial activities for the year, allowing taxpayers to…
While we second the overused saying “prevention is better than cure,” it’s high time we undergo a mindset shift to push for “smart” prevention, especially when it comes to fleet management. Smart preventive maintenance for fleet operations is critical to…
The rapid surge in digital transactions and growing popularity of online services have spurred a significant increase in fraud instances worldwide. Besides, malicious entities are continuously trying to exploit vulnerabilities in digital systems. With annual losses adding up to billions…
One of the standout features of the Goods and Services Tax (GST) system in India is the concept of Input Tax Credit (ITC). ITC allows a buyer to claim credit for the tax paid to the seller, thereby eliminating the…
An e-invoice is very much prone to errors whether it may be the wrong input of transaction details, skipping the filling of any mandatory details, not following the approved structure of IRBM authority, and many more reasons. These mistakes can…
