Tag: GST

Mehul Jagwani

December 14, 2022

The Central Board of Direct tax and Customs announced that e-invoicing will be mandatory for businesses with an annual turnover exceeding Rs. 5 crores. This new regulation will come into effect on 1st January 2023. In order to comply with these regulatory requirements you need the best e-invoicing software like Munim. In this blog, we… Continue reading E-Invoice: Regulations & Generate E-Invoice with Munim

Mehul Jagwani

October 19, 2022

Recently, the GST council declared mandatory e-invoicing for businesses exceeding 5 crore turnover annually. This announcement left the industry baffle because earlier it was mandatory only for large scale enterprises. Unlike MSMEs and small businesses, they can bear additional compliance costs of e-invoicing but it is pricey for SMEs. If you are also worried about… Continue reading Everything You Need to Know About E-Invoice Under GST

Mehul Jagwani

October 16, 2022

Do you know you can increase your business revenue by 5X with the adoption of cloud-based bookkeeping software? Hey wait, this is not a sales pitch, okay? According to Xero, firms equipped with accounting software grew 15% YoY while firms practicing traditional accounting grew only 4% YoY. So? Want to know more about free bookkeeping… Continue reading Top 10 Features Of Munim [Bookkeeping Software]

Sajini Annie

August 8, 2022

On 1st August, 2022 Government announced that GST E-invoicing will be mandatory for firms whose turnover exceeds Rs. 10 crore with effect from 1st October. Earlier the limit for GST E-invoice was Rs. 20 crore but now the limit is reduced to Rs.10 crore.  Until now the limit has been reduced five times. At the… Continue reading Govt Announced GST E-invoice Limit Reduced To Rs.10 Crore

Sajini Annie

July 14, 2022

The GST e-invoicing will likely be mandatory for firms with a turnover of over Rs 5 crore from January 1, 2023, down form the current threshold of Rs 20 crore to further plug leakages, ensure better compliance and policy formulation, Central Board of Indirect Taxes chairman Vivek Johri told FE. “I think expanding the coverage… Continue reading Govt Makes GST E-invoicing Mandatory For Companies With Rs 5 Crore Sales

Sagarika Das

May 24, 2022

GST Audits are a key part of the GST compliance process and are required for businesses with a turnover of more than Rs.2 crore. The annual GST Audit Checklist is important to ensure that all aspects of GST compliance are covered. This checklist will help you to ensure that your business is compliant with GST… Continue reading Annual GST Audit Checklist [2021-22]: An Ultimate Guide