GST is already 1.5. years old and there have been many challenges as well as changes in the law and implementations. In this article, we shall run through the snippets of all GSTR forms, simplified GST returns and their applicability. GSTR forms are designed in a manner to capture the entire sales cycles and make …
We now a days require a signature on every document with the world becoming a digital market place and especially with the GST era that has ushered in. GST invoices must be signed either physically or digitally as a mandate. We cannot take a print of each document every time to sign them physically and …
Inception GST, which replaced several indirect taxes including VAT, service tax, octroi, excise and more, is already a year and a half old. It was looked upon as a modified version of the erstwhile VAT but in effect has many improvisations that got rid of several drawbacks in VAT and the tax credit system in …
When it is time to file ITC claims, businesses get busy making sure that the invoices they have filed on GSTN match with the GSTR 2A and that there are no mismatches in GSTR 1 and 3B records as well. This is important so that the ITC claims are not rejected ad they don’t receive …
We have already seen the possible reasons for mismatch in the purchase records and GSTR 2A forms. Here we will see how Cygnet GSP can help resolve the issue of mismatches and automate error identification for you to a large extent.Human intervention is the biggest challenge and reason for mismatches in the GSTR 2A and …
GST reconciliation is a huge part of the GST returns and a major factor governing the ITC claims. Accuracy of your claims depends on how well you have reconciled all the differences and mismatches in invoices. Let us understand the reasons why mismatches occur in GST data. What is GSTR 2A and how is it …
The key features and the new format of the GST returns were approved in the 28th GST council meeting on 21st July 2018. The Note on Simplified returns contains 15 sections dealing with various return formats, applicability of forms, instructions to fill the forms, amendments to returns and payment of taxes etc. The sections outline …
Cygnet GSP is participating as an exhibitor in the Vibrant Gujarat Start Up and Technology Summit held at Gandhinagar from 11 to 13 October. We showcased our ASP solution, Eway bill solution and also our newly launched solutions Vendor Portal, FACE and FAME. Vendor Portal is a solution to help you reconcile vendor invoices in …
Cygnet GSP (GST Suvidha Provider) Team, on a high-energy walk-the-talk session at Cygnet Headquarters! Cygnet GSP Awareness Drive, is a conscious organizational effort to share experiences and stimulate the spirit of oneness, the entire GSP team shared their insights with the audience into how they challenged the nature of work, overcame all hurdles and successfully …
“We are THE TEAM, with the Biggest Heart, Best Preparation, Deepest Passion, Strongest Togetherness, and Will to Succeed! ~ Ty Howard After months of hard work invested in development, testing, delivery, implementation, launch and handling customer inquiries, Cygnet GSP celebrated their GST success with a gala dinner and dance party. An evening to remember, the …
