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The taxable value changed after filing the GSTR 1. How do I rectify this?

The taxable value changed after filing the GSTR 1. How do I rectify this? The question arises is the reason of change in taxable value. I assume the taxable value have already been reported in GSTR-1. Now, if the change is because of any of the following reasons, a debit note may be issued. a. You have erroneously declared a value which is less than the actual value of the goods or services or both provided. b. You have erroneously declared a lower tax rate than what is applicable for the kind of the goods or services or both supplied. c. The quantity received

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Payment Gateways: Key to success for an e-store

If you are planning to set up your online store, you must choose a suitable payment gateway, which is an indispensable part of an e-commerce website. If you do not know or know a little about payment gateway and its integration to e-commerce website, this article will be of a great help to you. This is my first article on Payment Gateways, which will cover various payment gateways operating worldwide and their features in nutshell. The second part will cover Payment Gateway Integration. So, go through this article and kick-start your e-commerce website. Later we will discuss on various available

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