Author: Microvista-Team

Microvista Technologies is a top-notch financial software development company based in Ahmedabad, Gujarat, India. Our area of expertise is in delivering solutions for diverse financial services, which include GST products, XBRL products, e-Invoicing, e-Way Bill, PowerSigner, GST API, GST Verification API and Struck-off companies verification tool. Our GST Product Includes Features such as: Powerful GST Reconciliation, Validation of Data, GST Return Filing, Audit Reports. Our GST Reports Includes: Supplier Return Filing Status, GSTR 3B Vs GSTR 1 Comparison, ICEGATE Reports, GSTR 2A/2B Reports, Pan Based Reports. We are dedicated to provide the best possible solutions to cater your business requirements. If you require any assistance or support, please do not hesitate to get in touch with us.

Best GST Software: Features, Benefits & Top Solutions

Goods and Services Tax (GST) is a crucial part of modern tax compliance for businesses. Whether you run a small enterprise or a large corporation, keeping up with tax regulations can be complex. This is where GST software comes into play, helping businesses automate tax calculations, file returns, and stay compliant with government regulations. Continue reading “Best GST Software: Features, Benefits & Top Solutions”

Invoice Management System (IMS)

What is the Invoice Management System (IMS) Under GST?

The Invoice Management System (IMS) is a new feature introduced within the GST portal, designed to help recipient taxpayers manage their invoices effectively. With this tool, recipients can accept, reject, or mark as pending the invoices filed by their suppliers. Continue reading “Invoice Management System (IMS)”

Gujarat GST authority upholds Rs 173.9 cr tax demand against Maruti Suzuki’s arm

New Delhi, Maruti Suzuki India on Wednesday said the Gujarat GST authority has upheld the tax demand of Rs 173.9 crore along with a penalty of Rs 17.4 crore against its arm Suzuki Motor Gujarat Pvt Ltd and the subsidiary company will move the first appellate authority to challenge the order. Continue reading “Gujarat GST authority upholds Rs 173.9 cr tax demand against Maruti Suzuki’s arm”

GST Software department goes on tax demand overdrive

NEW DELHI: From Hindustan Unilever to ICICI Bank HDFC Bank and Eicher Motors, almost all the big names of India Inc and thousands, if not lakhs, of smaller GST taxpayers have received tax demand on the eve of new year as authorities sought to meet the five-year deadline to raise claims, literally burning the midnight oil. Continue reading “GST Software department goes on tax demand overdrive”

Best XBRL Software for Preparation & Validation of Annual Report in XBRL Format

Introduction

In the fast-evolving landscape of financial reporting, the extensible Business Reporting Language (XBRL) has emerged as a game-changer, revolutionizing the way companies prepare and validate their financial data. With the increasing demand for accurate and transparent reporting, XBRL software has become a crucial tool for businesses of all sizes. In this article, we present a comprehensive list of the best XBRL return software that excel in both preparation and validation, ensuring a seamless reporting experience.   

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GSTIN Update Advisory on Geocoding the Address of Principal Place of Business

FAQs – Geocoding the Address of Principal Place of Business for Existing Regular Taxpayers (Only Applicable for Delhi and Haryana)

Q.1 For which class of taxpayers is the functionality of Geocoding Principal Place of Business available?
Ans. The Geocoding of Principal Place of Business process is applicable for Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor (ISD)/ SEZ Developer/ SEZ Unit.

Continue reading “GSTIN Update Advisory on Geocoding the Address of Principal Place of Business”