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GST Review January-2022

Editorial

Dhaval Talati
“GePP-On” new functionality for generating e-invoicing To help businesses to generate e-invoicing NIC has released an application known as “GePP-On” and to generate e-invoicing using GePP-On application, one need to enter the invoice details in the form designed in the application. For business with fewer invoices, this application will be helpful since they can generate e-invoicing without going on for any API integration. “Interest Calculator” new functionality This new facility on system will auto calculate interest for delayed filing of returns & help taxpayers in self-assessment process. The interest calculation is aligned with sec 50 & will be calculated only on that portion of the tax which is paid by debiting the electronic cash ledger. By adding all these new func.......