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Stay updated on recent GST changes with Finsys. Get alerts, reports, and compliance tips from the expert Mr. Puneet Gupta. Ensure accurate invoices and prevent errors in your financial processes.
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MrPuneet Kr Gupta FCA , PDGMM, PGDCA, B.Com(Hons) FinsysInfotech Limited Email : PKGupta [at] finsys.in • Technical Brain behind the Finsys Universe • Eminent Chartered Accountant • regular contributory and speaker on various topics related to best usage of information technology and data handling for achievement of business excellence
Prescribed Offencesunder The GST Act 2017 • Making a Supply Without Invoice or with false / incorrect Invoice. • Issuing Invoice or document using GSTIN of another person. • Failing to supply any information required of him under this Act. • Items to be mentioned in Invoice clearly specified under the Rules of GST act 2017 • Hence , New formats released for all Clients. • GST related Checks in forms for Preventing Errors.
Accurate InvoicesCovering all 17 Item mentioned under the ACT
GST Compliant Sales ordersto Check for non compliance beforehand
Prescribed Offencesunder The GST Act 2017 • Failure to Maintain Acccounts / Documents in the manner specified in the Act :- • RCM Purchase Voucher / Invoice • Advance Receipt Voucher / Invoice • RCM Payment Voucher / Invoice • Refund Voucher / Invoice • GST Compliant Debit / Credit Note.
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