Latest Articles By Ketan Agarwal

How the New Invoice Management System Under GST Simplifies Tax Compliance for Taxpayers Introduction The Goods and Services Tax (GST) regime in India has undergone significant transformations to enhance tax compliance and streamline processes for taxpayers. One of the pivotal advancements in this domain is the introduction of the Invoice Management System (IMS). This system

What is a Memorandum Voucher? A Memorandum Voucher is a temporary accounting record used to document transactions that are not immediately recorded in the books of accounts. It acts as a reminder or reference for financial events requiring further action or confirmation before being formally recorded. Unlike regular vouchers representing confirmed financial transactions, memorandum vouchers

Things to Remember While Transitioning to GST Here are a few things to remember while transitioning to GST: BOOK A FREE DEMO Migrate to GST Taxpayers registered under Excise/VAT/service tax must enrol under GST. On enrollment, they will be provided with a GST certificate of registration on a provisional basis with the GSTIN. New Registration