Team Bizsol

In India there are multiple accounting and billing software/ERPs, which stores the information of invoice in different formats and there is no standard format to store the information of invoice which help to read information generated by one software to another. With this prime objective in mind, GST council in its’ 35th meeting dated 21st …

Article on “GST E-Invoice” by CA. Manoj Malpani, Sr. Advisor, Bizsolindia Services Pvt. Ltd. (January 2020) Read More »

Procedure for intimation of voluntary payment of GST in FORM GST DRC 03  FORM GST DRC 03: HOW TO APPLY After login, go to and select Services->User Services->My Applications In “Application Type*”, select “Intimation of Voluntary Payment- DRC 03” from drop-down and click on “NEW APPLICATION” The following page will appear. Here select “Cause of …

Procedure for intimation of voluntary payment of GST in FORM GST DRC 03 (November 2019) Read More »

“Online GST Refund Mechanism”

New Returns in GST – An overview of proposed returns and expected challenges by CA Manoj Malpani, Senior Advisor, Bizsolindia Services Pvt. Ltd At the time of implementation of the GST in July 2017, the GST laws & rules notified, GSTR-1 (return for outward supplies), GSTR-2 (return for inward supplies) and GSTR-3 (final returns). The …

Article on New Returns in GST – An overview of proposed returns & expected challenges by CA Manoj Malpani, Sr. Advisor, Bizsolindia Services Pvt. Ltd. (October 2019) Read More »

Hon Finance Minister Smt. Nirmala Sitharaman had announced SABKA VISHWAS (LEGACY DISPUTE RESOLUTION) SCHEME, 2019 for unblocking Rs. 3.85 Lacs Cr in pending litigation relating to Excise & Service Tax etc. at various levels from SCN stage to adjudication pending upto Supreme Court. Date has been notified for start of the scheme and rules are …

Article on “Sabka Vishwas (Legacy Dispute Resolutions) Schemes 2019” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd (September 2019) Read More »

KERALA FLOOD CESS (KFC) Severe flood affected the state of Kerala in month of August 2018 due to unusually high rains. The states suffered heavily due to floods. Around 500 persons lost their lives and property damages were estimated to the tune of Rs 400 Billion. The help came from all around the world but …

FAQ KERALA FLOOD CESS (KFC) by CA.Manoj Malpani, Sr.Advisor , Bizsolindia Services Pvt.Ltd. (June 2019) Read More »

This is an update on a recent amendment of the CGST Rules, vide N/N. 16/2019 – Central Tax, dated 29 March 2019. One of the important amendments pertains to insertion of Rule 88A: Order of utilization of input tax credit (ITC). The present amendment is integrally linked to the amendment in the CGST Act, 2017, …

Rule 88A – Order of utilization of input tax credit (April 2019) Read More »

Maharashtra  Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019 It is a welcome step of State of Maharashtra to make Maharashtra litigation free from VAT era and also collect disputed amount immediately. The tax payers are requested to avail the maximum benefit in the phase one is only where the waiver …

Settlement Scheme under Maharashtra Ordinance No.V of 2019 (April 2019) Read More »

Click here to see the article on “Change in GST for Real Estate Sector” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd.