Monthly Archives: October 2019

E-Invoice System concept note, Standard, Schema and Template. The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on voluntary basis. Since there was no standard for e-invoice existing in the country, standard for… Read More »

Making GST Payment on Voluntary Basis (Form GST DRC-03) on GST Portal

By CA Satbir Singh | October 13, 2019

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Features of Making Payment on Voluntary Basis (Form GST DRC-03) on GST Portal 11/10/2019 Making Voluntary Payment on GST Portal: A facility is given to taxpayers to make payment on voluntary basis, through Form GST DRC-03 (refer Rule 142(2) or 142(3) of the CGST Rules, 2017). Login into GST Portal and navigate to Services > User Services >… Read More »

Circular No 121/40/2019 GST : supply of grant of alcoholic liquor license.

By CA Satbir Singh | October 13, 2019

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Clarification related to supply of grant of alcoholic liquor license. Circular No. 121/40/2019-GST F. No. 354/136/2019-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit North Block, New Delhi, Dated the 11th October, 2019 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director… Read More »