At GSTZen, we believe in keeping our customers informed and educated about all GST-related news. We would also like to keep our users in the know of any and all new features and updates rolled out to improve the software experience for you.
We have hence dedicated this page towards shedding light on all GST and GSTZen software News and Updates.
Important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers.
GST Collection
GSTZen Autocorrect – Helping you correct the GSTR 1 errors in a single click
GSTZen Autopilot – Download GST return data, Run GSTZen’s Intelligent Matcher, and File GSTR-1 Return for multiple GSTINs in one go
Send Emails to Suppliers – Email your suppliers about the missing invoices in GSTR 2A/2B reconciliation directly from GSTZen
GSTZen to Tally – Upload your Sales and Purchase invoices from GSTZen into Tally. You will no longer need to create these invoices separately in Tally
Extension in dates of various GST Compliances for GST Taxpayers
Clarifications regarding B2C QR Code
PAN Level Reports, Reconciliation, and Return Status are now available in the software.
Books vs GSTR 2A/2B Force Match – GSTZen’s Intelligent Matcher will automatically compare your purchase invoices with GSTR 2A/2B data and match the invoices in your Books with Portal. Using Force Match, you now have the option to change the auto-match and manually match an invoice from books with the portal in the excel report.
Extension of the due date of filing Application for Revocation of Cancellation of Registration
Waiver on Import duty for medicine used for Black Fungus
Introduced Refund Application through GSTZen. Download your GSTR 1, GSTR 2A, and GSTR 2B from the government portal, Choose the invoices for addition in the Refund Application, and Download the JSON for refund application
Lock Invoice Dates – Choose the day of every month you want GSTZen to automatically lock your sales and purchase registers for the previous month. This will ensure that the other users would not be able to edit the older invoices post this date.
New features of Form GSTR 1, GSTR-2B & GSTR-3B made available to taxpayers under QRMP Scheme,
COVID relief: Govt allows businesses to verify monthly GST returns through EVC till May 31.
The all-new Tally Connector V3 makes it easier for you to launch GSTZen software and connect with the support. You also no longer need Google Chrome browser for the tally integration
Read more about the updates e-Invoice sample JSONs, Signed QR Code, and e-Invoice Validator on the GSTZen software updates, April issue
In the third phase of e-invoicing rollout, the government has made e-invoicing mandatory for entities whose turnover is above 50 Cr from 1st April 2021. E-invoicing would be applicable for business-to-business transactions.
As per the amendment, it is mandatory to report a minimum of 4 digits or 6 digits HSN Code in Table-12 of GSTR 1 on the basis of aggregate turnover on PAN in the previous financial year.
GSTZen has introduced Quickbooks e-Invoice Integration to help you create e-Invoices and E-way bills in one go through Quickbooks. To know more about GSTZen’s Quickbooks Integration, see Quickbooks e-Invoice Integration.
Uploading Sales invoices through Tally and Books v/s GSTR 2B reconciliation are some of the other main features GSTZen introduced this month. Continue to the March issue of GSTZen Software updates for more information