We bring you the latest updates from GimBooks Blog through a simple and fast subscription.
We can deliver your news in your inbox, on your phone or you can read them here on this website on your personal news page.
Unsubscribe at any time without hassle.
GimBooks Blog's title: GST Billing Software | Invoice Generator & Manager | GimBooks
Is this your feed? Claim it!
Choosing the correct GST document is important for every registered business. Many traders, retailers, service providers and small businesses often get confused between a GST invoice and a bill of supply.
Both documents are issued under GST, but they serve different purposes.
A GST invoice is generally issued when GST is charged o...
A GST number is one of the most important details businesses verify before purchasing goods, making payments, or claiming Input Tax Credit (ITC). Every registered business receives a unique GSTIN that identifies its GST registration details.
However, businesses often receive invoices where GST details may be incorrect, outdated, inactive, or completely unrelated to the ...
Before starting a business relationship with a supplier, customer or vendor, verifying GST registration details is an important compliance step.
A wrong or inactive GST number can create problems such as:
Input Tax Credit (ITC) rejectionInvoice mismatchIncorrect GST reportingPayment risksVendor compliance issuesFake GST registration fraudThe Know Your GSTI...
When you receive a GSTIN from a customer, supplier or vendor, you may want to check which PAN is linked to that GST number. This is useful when you are verifying vendor details, checking customer GST information, creating GST invoices or confirming whether multiple GSTINs belong to the same business entity.
The good news is that you can identify the PAN from a GSTIN by ...
A GST state code is a two-digit numeric code assigned to every Indian state and union territory under GST. It appears as the first two digits of a GSTIN and helps identify the state or union territory where a business is registered.
For example:
If a GSTIN starts with 27, the business is registered in Maharashtra.If a GSTIN starts...