Hostbooks: All in One Software for Accounting, GST, TDS, E Way Bill, POS, Tax & Payroll

HostBooks - Hybrid Accounting Solution Software offers top-notch services for TDS return filing, GST filing & billing, Accounting, Tax, and Payroll on a single platform. The cloud-based technology helps you access your account anytime and anywhere. Hence, an incredible user experience is guaranteed. Sign-up now for a Free Demo.

*Hostbooks *- The leading GST accounting software provider in India, offers a seamless GST return filing and billing experience to businesses. You can also use your digital signature to e-file the GST returns. Call Now: 9152343434

Hostbooks - The leading TDS accounting software provider in India, offers a seamless TDS return filing and billing experience to businesses. You can also use your digital signature to e-file the TDS returns. Call Now: 9152343434

If you are about to get started on Goods and Services Tax, then it goes without saying that registration is the first step that needs your attention. So, if you are still unclear about the GST registration process, then this article would walk you through the entire registration process, eligibility, and fees.

A guide on how to overcome the issues that the users come across while filing GSTR-1, GSTR-2, GSTR-3 & 3B, and TRAN forms.

HostBooks TDS enables you to file your TDS returns always on time and avoid penalties. It has been listed on TIN-NSDL as an e-TDS service provider which make...

HostBooks e-way bill software facilitates effortless generation of e-way bills, vehicle number update, and branch access control. In case of multiple consignments being carried in a single vehicle, we make your journey smooth by helping you generate consolidated e-way bills too. Furthermore, our team of experts will always be at your service 24/6 in case you come across any e-way bill issue.

Check out the blog post on what is composition scheme all about, the persons eligible to avail the benefits of composition scheme, the various conditions that need to be fulfilled, the GST rates that are applicable, and the the Frequently Asked Questions on Composition Scheme.

The dealer who opts for the composition scheme has to make a declaration with the government by filing Form GST CMP-01 or Form GST CMP-02. CMP-01 is meant for the migrated taxpayer who wants to opt for composition scheme. The taxpayer has to inform the Government about his decision to opt for the scheme in the beginning of the financial year. And, if he opts for the same in the middle of a financial year, then the rules of the scheme will be applicable from the succeeding month in which CMP-02 is filed.

With the advent of cloud computing, the current face of technology has been completely transformed. The cloud technology has facilitated the ease of doing business that has helped the organizations succeed by leaps and bounds. Furthermore, cloud computing enables you to work smarter. The industries are now switching over to the cloud platform. Reason being it’s safer, more secure, and most importantly it is convenient. And, Accounting is one of those industries that is rapidly keeping pace with the cloud technology.

HostBooks makes working on GST really easy. File a number of returns in less time and enhance your credibility. It helps you with quick reconciliations too. ...

Tax Deducted at Source (TDS) is a mechanism that has been introduced by the Income Tax Department. Under this, the responsible person is supposed to deduct a certain percentage of tax before making the payment to the receiver. The payment includes salary, commission, processional fees, interest, rent, etc.

E-way bill or Electronic Way Bill has been rolled out by the Government on February 1, 2018, to facilitate smooth flow of goods within a state and between the states. The e-way bill is generated on the e-way bill portal when the value of goods and exceeds 50,000 INR. In the absence of an e-way bill in case of registered person where the value exceeds 50,000 INR, the movement of goods cannot take place. On the successful generation of the e-way bill, a unique E-way Bill Number (EBN) is issued which is made available to the supplier, recipient, and the transporter.

Search HSN Codes, GST Rate & SAC codes of goods and services under GST. In India, GST Tax slabs is fixed at 0%, 5%, 12%, 18% and 28%.

Transition Form or TRAN-1 is filed by those taxpayers who are eligible to claim the credit on the tax already paid in the pre-GST regime. The credit can be by the way of VAT/Service Tax/Excise Duty. In order to claim the complete amount as a credit, TRAN-1 is to be filed along with the particulars of stock carried forward.

After filing CMP-02, the taxpayer needs to file CMP-03 in order to declare the amount of stock held by him on the day of opting into the scheme. This has to be filed within 90 days from the day of filing CMP-02.

While filling the GST challan, it is possible that a person might pay some extra amount of GST by mistake. This amount then reflects in the Electronic Cash Ledger. However, this amount can be claimed on the GST portal through an application known as the refund application, “RFD-01”. This amount can be claimed as a refund within 2 years from the date of payment. The steps to claim the refund by filing RFD-01 are:

An easy way to calculate your House Rent Allowance from Basic Salary using the latest HRA calculator by HostBooks.

*HostBooks Limited *is one of the most leading, trusted and certified Accounting Solutions Company that has been providing a comprehensive expertise regarding TDS, GST, Accounting, Taxation, e-way bill and Payroll.

Containing the clear vision of “One Nation - One Tax” the authentic existence and legalized implementation of GST (Goods and Services Tax) is the most historical Tax reformation in India after independence.

In India, under the slogan “One Nation One Tax” GST came into force on July 1st 2017, the biggest Tax reformation since independence. It is levied on the supply of goods and services across the country. And, the goods and services must fall under the ambit of supply as per section 7 of the CGST Act.

In the efforts to bring India into the category of advanced nations of the world, the advent of a new tax system had become mandatory.

Under the chairmanship of the present Finance minister Mr. Piyush Goyal, the 29th GST (Goods and Services Tax) Council Meet was held on 4th August 2018 (Saturday) at Vigyan Bhawan in New Delhi. The discussion was primarily based on various significant issues pertinent to (Micro, Small and Medium Enterprises) MSME sector.

IGST/CGST Amendment Bill - 2018 is a major step in making the rules and regulations more comprehensive and easy. This blog post thoroughly explains the Key Highlights of this Amendment Bill for both IGST and CGST.

This blog post explains about 15 key Suggestions proposed in the 29th GST Council. It contains a clear preview of topics like - Aggregate Turnover, Supply, Composite Supply and Suppliers under GST, Reverse Charge Mechanism, E-Way Bill & GST Audit.