Meesho is the biggest and most reputable reseller marketplace in India. It is an e-commerce platform where resellers can sell products online via Facebook and WhatsApp.

The platform was established in 2015 by two IIT Delhi graduates named Vidit Aatrey and Sanjiv Barnal and now has about 2.6 crore resellers.

Resellers can choose from any listed products and sell them to their customers using social networking apps like Facebook, Instagram, and WhatsApp, owing to the online platform that connects them to manufacturers that list their goods on the Meesho App.

Meesho wants to create a setting where anyone may start a business without needing to invest money.

How to Sell on Meesho?

The selling process on Messho is quick. The vendor should sign up for the Meesho Seller app and proceed with the basic instructions to register for selling on Meesho.

Prerequisite: To start the procedure, the Meesho seller has to have a valid bank account and GSTIN number.

• Create a seller account or register on Meesho

After you create a seller account on Meesho by providing your mobile number, email address, and Meesho seller details, you will need to go through an authentication process using the OTP you will receive on your mobile number. Once you have accessed the supplier panel, you can choose to receive updates on your mobile number by clicking on the appropriate option.

• List down product catalogues.

The following vital element is adding product catalogues to the Meesho platform. Meesho can produce catalogues for goods with several designs.

A catalogue with four to five products increases your likelihood of getting an order. The uploading of well-organised catalogues with excellent product images is required.

Product catalogues with top-notch images and thorough product description aid resellers in selling the listed goods. One can upload a single catalogue or several.

Meesho offers two options for catalogue uploads:

• Bulk upload of catalogues

1. When you select “Catalogue upload” on the Supplier Panel, you have two choices: a) Bulk add new catalogues and b)Create a single catalogue.
2. To access the following page, click “Add new catalogue in bulk”;
3. In the search box, type the product category and choose the right category from the drop-down menu.
4. You will have the choice to download a Template after choosing the product category. If a template still needs to be made available, click Download Template. The template that may be downloaded resembles an excel sheet.
5. The first sheet of the template is for instructions, while the second sheet is for product information. Don’t fill out columns A through C; instead, fill out the other columns as directed.
6. Click the upload template button in the Supplier panel; a popup to choose the template file will appear. Choose the proper template file, then upload it.

• Upload just one catalogue

1. Select the option “Add a Single catalogue” after selecting Catalogue upload on the Supplier Panel.
2. Choose the right category from the drop-down list in the search box on the following page. Check out the instructions for adding product photos. Upload product photos using your computer.
3. Fill out the form with the product information. (If a product is available in numerous colours, there is no need to enter information for each colour separately). Selecting “Copy input details to all items” will copy input information to all goods.
4. Click “Submit Catalogue” and confirm the submit action.

• Receiving Orders

Once product catalogues are available on Meesho, Meesho sellers begin informing their clients about the product via Facebook, Instagram, WhatsApp, and other social media channels.

One of the critical factors in attracting customers is setting the appropriate price. Meesho is a price recommendation tool that gives reasonable rates for a product compared to the competition.

A key component of Meesho’s effort to improve the user experience is the Next-Day Dispatch (NDD) programme. When an order is received under NDD, the Meesho seller is required to ship it the following day.

Meesho will prioritise certain products on the product page if a Meesho seller is eligible for the Next-Day Dispatch (NDD) programme. This also activates the product page’s NDD tag. On average, an NDD tag increases clients’ interest by 12%.

• Delivering Products

Meesho notifies customers via email and the App-Supplier panel when an order is received. Acknowledge the Order.

You can also obtain the manifest and label from the supplier’s panel. Put the label on the packaging once the goods have been packaged.

One must give the package to Meesho’s logistics partner because Meesho handles the product’s shipping at no cost.

Meesho offers an extensive network of logistics partners who will pick up the merchandise from your location and deliver it to the customer’s address. Consequently, you don’t need to worry about shipment.

• Payment Process for Orders

Payments for purchased goods, including orders for “Cash on Delivery,” will be transferred into the selected bank account on the 15th day following the order’s delivery. On the Mesho Supplier panel, you may view these payment-related specifics.

Details on payments, including deposited balances, upcoming payments, and more, may be seen in the Meesho seller panel. You should be aware that the Meesho commission is paid with every product sale.

Why sell on Meesho?

Even though there are numerous e-commerce platforms accessible, sellers still favour Meesho for the following reasons:

• Wide range of products

There are millions of products listed on Meesho, spanning a wide range of categories. This gives Meesho sellers a great opportunity to find the right products to sell and reach a large number of potential customers.

• Meesho has a low commission rate

Meesho’s commission rates are the lowest in the e-commerce sector, and Meesho doesn’t charge commission on a lot of products. Additionally, GST of 18% is charged on the commission fee as required. Meesho doesn’t have a fixed fee, collection fees, or any other hidden fees, unlike many other e-commerce platforms.

• The App is simple to list and use

The Meesho App is easy to use. Catalogue listing is quite easy, and payments are promptly received and presented on the app.

• Selling hubs vs Selling destinations

Meesho offers a great selection of platforms. Suppliers can significantly increase their earnings and give Meesho sellers competitive prices.

Benefits Of being a Meesho Seller

Selling on Meesho offers the following advantages:

• It is the best choice for homemakers and small business owners who want to launch a company without making a significant financial commitment.
• Accessible product listing, affordable delivery, and prompt payment are all provided.
• Meesho offers a significantly more stable competitive environment for new and small businesses than other e-commerce marketplaces.
• On the marketplace, there are no commission fees for Meesho sellers.

FAQs on Meesho Seller

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A letter of credit, or LC, is a legal document that ensures the buyer will pay the seller. It is provided by a bank and guarantees prompt and complete payment to the vendor. If the buyer cannot make such a payment, the bank pays the entire sum or the outstanding balance on the buyer’s behalf.

Types of letter of credit

The following groups can be made up of letters of credit:

• Sight Credit

Documents covered by this LC are payable immediately upon the provision of the necessary paperwork. For instance, a businessperson can get the money they need by giving a lender a bill of exchange and a sight letter of credit. A sight letter of credit is more immediate than other letters of credit.

• Acceptance Credit/Time Credit

Usance bills are bills of exchange that are drawn and payable after some time. Under acceptance credit, these bills are accepted upon presentation and eventually paid on their respective due dates.

For instance, a business might order supplies from a supplier and get the products the same day. The invoice will be sent with the delivery of the products; however, the business may have up to 30 days to make payment. The sale is in effect during this 30-day window.

• Revocable and Irrevocable Credit

Revocable LCs are credits that can have their terms and conditions changed or revoked by the issuing bank. The recipients will not be informed in advance of this termination. An irreversible credit is one whose terms and conditions cannot be changed or revoked. As a result, the LC’s stated pledges bind the opening bank.

• Confirmed Credit

Only irrevocable LC may be confirmed. A confirmed letter of credit (LC) is one in which a banker other than the issuing bank adds its own confirmation to the credit.

The beneficiary’s bank would deliver the paperwork to the confirming banker in the case of confirmed LCs.

• Traveller’s Letter of Credit

This letter assures travellers that issuing banks would accept draughts made at specific foreign banks.

• Standby letter of credit

If the buyer or the bank’s client fails on the contract, a standby letter of credit (SLOC) is a legal document that ensures the bank’s commitment to making payment to the seller.

A standby letter of credit facilitates international trading between businesses unfamiliar with one another and operating under various legal and regulatory frameworks.

A SLOC does not ensure that the buyer will be satisfied with the items, even though the buyer and seller are assured of receiving the goods and payment, respectively. 

Parties involved in Letter of Credit

• Applicant: The person who asks his bank to issue a letter of credit is referred to as the applicant.
• Beneficiary (exporter): A beneficiary is a seller paid according to the process.
• Issuing bank: The buyer requests a letter of credit issued by the issuing bank (also known as an opening bank).
• Advising bank: The advising bank, which is often situated in the exporter’s nation, is in charge of transferring papers to the issuing bank on the exporter’s behalf.
• Confirming bank: The issuing bank’s undertaking is further guaranteed by the confirming bank. This issue arises when the exporter is dissatisfied with the issuing bank’s guarantee.
• Negotiating bank: The LC documents submitted by the exporter are negotiated by the negotiating bank. In exchange for repayment under the credit, it pays payments to the exporter, subject to the correctness of the papers.
• Reimbursing bank: The payment account is created by the issuing bank at the reimbursing bank. The reimbursing bank accepts the claim, which resolves the negotiations, acceptance, and payment received through the negotiating bank.
• Second Beneficiary: A person who can act in the original beneficiary’s place in their absence is the second beneficiary. Under these circumstances, the second beneficiary receives the exporter’s credit, subject to the transfer agreement’s restrictions.

Read more about GST

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This Form 16 is a certificate issued by your employer. It certifies the details of your salary for the year and the TDS deduction. These are the scenarios when the form showing a TDS deduction is necessary:

1. Income from salary for the financial year is more than the basic exemption limit of Rs 2,50,000 
2. Total income for deduction includes your disclosed income from other sources. 

Form 16 means acknowledging that your deducted tax amount deposit is complete with the Income Tax department. The deadline for issuing a form 16 is by the 15th of June. 

Every form 16 document has two parts: Part A and Part B.

Part A of Form 16

Part A of form 16 contains the following information about the employer and employee:

• Name and address
• PAN and TAN details
• Length of employment
• TDS deductions with the government

Part B of Form 16

Part B of form 16 includes salary, other income, allowed deductions, and tax payable.

How to Download Form 16

You can always download the form 16 document from the Income Tax department’s website https://www.incometax.gov.in/iec/foportal.

Is There an Eligibility Criterion for Form 16?

Yes. Any salaried person with a tax deduction by the employer at the source is eligible to get Form 16. Irrespective of whether your income falls under the tax exemption limit, the employer must issue a Form 16 if they have deducted tax at the source.

How to Check or Verify the Form 16

1. Navigate to the official website of the income tax portal.
2. Login using a username (your PAN) & password
3. Browse to the ‘e-file’ tab and click on ‘View 26AS’ under the ‘Income Tax Returns’ option
4. Once you get redirected to the TRACES website, click on the ‘View Tax Credit’ tab.
5. Then, click on ‘Verify TDS Certificate.’ Fill in the required details in Form 16 (Part A) except for the source of income.
6. Select your source of income from the drop-down menu on the page
7. Click on ‘Validate’ to check the authenticity of your Form 16.
8. Verify whether the details on the form and those shown on the website will be the same.
9. Contact your employer immediately to correct the Form 16 in case the website displays that your Form 16 is invalid.

For the verification of the digital signature of your Form 16 

1. Open Form 16 in an Adobe reader.
2. Right-click on the digital signature on the last page of form 16.
3. Then, click on ‘Validate Signature.’
4. If it displays valid, then the sign is valid.

Other Things to Know About Form 16

1. Your employer cannot deduct any TDS and issue a form 16 if your income is below the basic exemption limit.
2. You might have more than one form 16 document if you worked with more than one employer during the tax year.

The post Form 16 appeared first on MyBillBook.

Government services are rapidly being digitised in India to ensure quick and seamless service delivery. Filing returns is one of the first services that went paperless. When Goods and Service Tax (GST) was introduced, the government used digital platforms to make it easier for people to calculate their taxes and file their returns. 

However, while filing their returns, many users are encountering the emSigner error problem. In fact, “GST emSigner error” is one of the most searched keywords on Google in recent times. 

So, what is this problem, and how can you solve it? Read on for a detailed troubleshooting guide of the GST emSigner error.

What is GST EmSigner?

GST emSigner is a utility that helps send, track, and maintain the records of online documents. It also allows the user to archive their documents online. Once a user or a company has uploaded their documents, they can access them for secure signing. This helps a company to provide its goods and services faster. In other words, GST emSigner helps users sign digital documents. It is also used to file GST returns.

Before you install and run emSigner, you must register your DSC on the GST portal.

What are Digital Signature Certificates (DSC)?

DSCs are the documents that are uploaded on the GST emSigner. They are the digital equivalent of physical documents and certificates and are considered valid for transactions. They also help authenticate the identity of an online entity. Digital documents are signed using digital certificates.

Why Does GST EmSigner Error Occur

The GST emSigner error states, “Failed to establish a connection to the server. Kindly restart the emSigner” to the user. It can happen across all browsers (Internet Explorer, Google Chrome, Mozilla Firefox, etc.) and operating systems (Windows, iOS, etc.)

GST DSC error can occur due to many different reasons, but the basic reason is the change of port.

• Earlier the emSigner used the 1645 ‘https://127.0.0.1:1645’ port
• The current version uses the 1585 ‘https://127.0.0.1:1585’ port.

This error generally appears when registering or updating your DSC or filing a GST return.

How To Resolve the ‘https://127.0.0.1:1585’ Error?

As mentioned above, the emSigner error can occur in any browser or operating system. 

General Steps to Resolve GST EmSigner Error

Step 1: Uninstall the emSigner software from your system.

• Go to the Start Menu
• Select Control Panel
• Go to Adjust Your Computer Settings
• Go to Programs and select Uninstall a Program
• Select the emSigner application and right-click on it
• Press uninstall

Step 2: Once you uninstall the old version of the emSigner, you need to:

• Go to https://services.gst.gov.in/services/login
• Go to the Goods and Service Tax (GST) home page
• Click on the help and taxpayer facilities tab and select System Requirements
• Select “Downloading and Installing the Web Socket Installer”
• Download the Web Stock emSigner from the portal https://www.gst.gov.in/help/docsigner 
• Open the downloaded emSigner.msi file
• You will get a setup box for emSigner setup
• Click Next
• Choose the folder where you want to download all the files and folders related to emSigner
• Click Next
• Your application is ready to install
• Once your installation is done, click on Finish.

Step 3: Run the emSigner application.

• You will get an emSignerGSTN icon on your desktop screen
• Right-click on the icon and select Run as administrator
• You will get a message saying that the emSigner service has started. Click OK
• The Digital Signature Signer Window will then open on your system

Step 4: Restart your computer after the application is successfully installed on it. Open the emSigner software to check whether or not it is running properly.

You can also update your internet browser to the latest version to stay up-to-date with the latest changes.

Steps to Resolve GST EmSigner Error on Internet Explorer

The general solution works most of the time, but sometimes, the error might occur due to a particular internet browser. 

If you are using Internet Explorer, you can follow these steps to solve the GST emSigner error or DSC error while uploading your DSCs or filing GST returns.

• Open the Microsoft website https://www.microsoft.com/
• Install/update Internet Explorer to the latest version from the website https://www.microsoft.com/en-in/download/internet-explorer.aspx 
• Go to  https://java.com/en/ and update JavaScript to the latest version
• Next, select Control Panel on Start Menu
• Go to Programs and click on Java
• Select Security, click on Edit Site List, and add ‘https://127.0.0.1:1585’ 
• Uninstall the emSigner from the Control Panel (Start Menu 🡪 Control Panel 🡪 Adjust Your Computer Settings 🡪 Programs 🡪 Uninstall Program 🡪 Select emSigner, right-click, and select Uninstall)
• Install the latest version of the emSigner from https://ww.gst.gov.in/ 
• If you have a previously installed GST emSigner, check if it works. Go to the bottom right on your desktop screen and click on Show Hidden Icons. If you can see the icon there, it means the emSigner is running properly
• Restart the computer and right-click on the icon to run as administration

These steps are only for Internet Explorer and do not work for other browsers. 

 Steps to Resolve GST EmSigner Error on Google Chrome

Follow these steps to solve DSC errors in the Google Chrome browser.

• Install the latest version of Google Chrome and upgrade Java to the newest version
• Open Google Chrome and click on the three dots on the top right of the screen.
• Select Settings
• Under the ‘Privacy and Security tab, go to ‘Site Settings.’
• Go to the ‘Content’ section and select ‘JavaScript.’ 
• Go to the ‘Allowed to use JavaScript’ section and type in the following URLs by clicking the ‘Add’ button.
  • https://120.0.0.1:1585
  • http://120.0.0.1:1585
  • https://120.0.0.1:1565
  • https://127.0.0.1:1585
  • https://127.0.0.1:1565
  • http://127.0.0.1:1585
  • https://127.0.0.1
• Close the ‘Settings’ window
• Go to the Start Menu and open Command Prompt by right-clicking and selecting ‘Window Terminal (Administrator)’
• On the command screen, type

‘netsh interface portproxy add v4tov4 listenport=1645 listenaddress=127.0.0.1

connectport=1585 connectaddress=127.0.0.1’

• Press Enter
• Open a new Google Chrome window and enter ‘https://127.0.0.1:1585’
• Click on ‘Proceed to 127.0.0.1(unsafe)’ and wait for 15 seconds
• If the Digital Signature pen drive is plugged in already, unplug it and plug it in again.
• Open the GST Portal and register and update the DSC or file your GST returns.

These steps work for Google Chrome only and not for other browsers.

Resolve GST EmSigner Error on Mozilla Firefox

If you get a DSC error on Firefox, follow these steps to resolve the issue.

• Install the latest version of Firefox and update Java to the newest version
• Go to ‘Control Panel’ on the Start Menu
• Go to ‘Programs’ and select Java
• Select ‘Security, then click on ‘Edit Site List’ and add https://127.0.0.1:1585
• Uninstall the previous version of emSigner from the Control Panel and install the latest version
• Check the emSigner to see if it runs by clicking on ‘Show Hidden Icons’ on the bottom right of your desktop screen
• Restart your computer
• Right-click on the emSigner icon and select ‘Run as administrator.’
• Make sure your Digital Signature Certificate (DSC) is uploaded onto a USB drive
• Open Firefox and select ‘Tools’
• Go to ‘Options’ and click on the ‘Privacy and Security’ tab
• Type ‘https://127.0.0.1:1585’ on the address bar of Firefox. You will get an error message
• Click on ‘Advanced’ on the error screen
• You will get two options
  • Go back to safety
  • Accept the risk and continue
• Click on ‘Accept the Risk and Continue’ and wait for 15 seconds
• Close the tab
• If you don’t get the error screen, press Ctrl+Shift+Del on your keyboard
• Select ‘Appropriate Site Preference’ and then ‘Clear Now’
• Type the URL https://127.0.0.1:1585 again in the address bar and try the steps again
• If you still do not get the error screen and see the same ‘Failed to establish the connection to the server. Restart the Emsigner’ error, open the ‘Privacy and Security’ tab in ‘Options’
• Remove the selection from the box in front of ‘Block dangerous and deceptive content’ and try again

Following these steps on Mozilla Firefox will help you address the DSC error or GST emSigner error.

How to Register DSC?

Once your emSigner is running well, you can follow these steps to register or update your DSC. You must, however, make sure that your DSC is linked to your PAN card because Aadhar-linked DSC doesn’t work for GST.

• Open the Goods and Services Tax (GST) website https://www.gst.gov.in 
• On the upper right of the screen, click on the arrow beside your profile name
• Select ‘Register/Update DSC’
• You will be directed to another page asking for the PAN of the Authorized Signatory. You will have to enter a person as an authorised signatory in your GST registration to have them on your list
• Select the proper name and check the box next to ‘I have downloaded and installed the signer’
• Click on ‘Proceed’
• Select your name on the table that appears and click on ‘Sign’

Resolving the https://127.0.0.1:1585 Error

If you have already installed the emSigner, updated the Java version, installed your DSC stick, and are yet getting the https://127.0.0.1:1585 error, proceed with the following steps. If you have not installed and updated them, follow the steps given above to install them.

• Plugin the DSC stick in your computer
• Make sure the emSigner is running by right-clicking on the bottom right of your desktop screen and selecting ‘Show Hidden Icons.’ If the emSigner icon is present, it means it is running
• Open your browser
• Write https://127.0.0.1:1585 in the address bar and press Enter
• Select the Advanced tab
• Click on ‘Proceed to 127.0.0.1(unsafe)
• Wait for 15 seconds and retry
• If you do not get a warning screen, press Ctrl+Shift+Del to clear site preferences and retry

These steps work on Google Chrome perfectly. Make sure you enter the address https:127.0.0.1:1585 correctly in the address bar. Remember to uninstall the previously installed emSigner before installing the latest version.

Digital Signature Certificate (DSC) Installation When DSC Error Occurs

If you get the “Sorry! Digital Signature Certificate Missing. Please plugin the token & click on process to proceed with signing” when you are uploading your DSCs, you will need to follow the steps mentioned below.

You will see this error if you are using a DSC stick for the first time on your computer. You will need a setup for a DSC pen drive.

• Plugin the DSC stick into your computer
• Open My Computer 🡪 Double click on the drive letter with inserted DSC
• Open setup file (the .exe file other than the autorun.exe file)
• Run setup
• Set the Choose CSP option as ‘Private CSP’
• Complete the installation
• You will get a message asking “Do you want to install this certificate?” Click Yes

You need to follow these instructions to check your DSC:

• Open Internet Explorer 
• Go to ‘Internet Options’ and select the Content tab
• Click the ‘Certificates’ button
• Select your DSC and click ‘View’
• Click on the Details tab of your DSC
• Scroll down to ‘Key Usage’
• Your DSC should say “Digital Signature, Non-Repudiation.” If it says “Key Encipherment,” remove the DSC from the Windows store

Solving the ‘Unable to Connect’ Error

If you get the error “Unable to connect to the installed EMSigner. Please close any other application running on the following ports 1585, 2095, 2568, 2868, 4587 and restart your system, and try again,” it means there is no port for the emSigner to connect. Freeing a port can make it run.

 To check which applications are using the above ports, follow these steps:

• Uninstall the emSigner software and reinstall it
• Check if it is running. Sometimes uninstalling and reinstalling solves the problem.
• If not, go to the Start Menu 🡪 All Programs 🡪 Accessories 🡪 System Tools 🡪 Resource Monitor
• Click on the Network tab and select Listening Port
• You will get a list of applications running and the ports engaged
• Check if 1585 is on the list
• If it is in the list, check the file name or note the application’s PID number.
• Locate the file name or PID number in the Overview tab
• Right-click on the file name and click End Process
• Install or restart the emSigner and try again

Solving WebSocket Error in Mozilla Firefox

While other internet browsers add exceptions automatically, Mozilla Firefox needs manual intervention in adding the root certificate. These are the steps you will need to follow:

• Enter the URL https://127.0.0.1:1585 in the address bar
• Press Enter
• You will be prompted to add the certificate to the Exception Site list
• Click on the ‘Add Exception’ button
• Check the port on which the server is running and ensure that the port number of the server and the emSigner is the same

• Go to Control Panel and select Program and Features to check the version of the emSigner
• If the emSigner version is 1.2, you will have to uninstall the previous one and install the latest version of emSigner
• Enter the URL https://127.0.0.1:1585 in the address bar again
• Click the Advanced button
• Click the Add Exception button
• Select ‘Confirm Security Exception’

Installing the WebSocket Installer on MacOS

If you have an Apple machine, you will have to follow these steps to install the WebSocket installer.

• Download WebSocket Installer for macOS
• Unzip the downloaded folder
• Open shell script and go to the downloaded folder
• Type ./startserver.sh and execute
• If the emSigner has started successfully, you will get a success message. Click OK
• The emSigner icon will appear on the taskbar and you can see the status of the server.

Conclusion

The introduction of GST meant that the old taxation system was removed. This inconvenienced the business owners for a while as they were unfamiliar with the new system. Small businesses, especially, faced more problems as they could not afford expensive GST billing software to track their transactions.

However, applications like emSigner have made life easy for business owners. Now, they do not have to worry about maintaining a paper trail for every transaction. Activities like registering and updating DSCs or filing GST returns have become very easy.

As with any software, you might encounter problems while running the emSigner too. However, with the above steps, you should be able to overcome these problems easily.

FAQs on GST emSigner Error

Read more:

The post GST EmSigner Error – https://127.0.0.1:1585 – Failed to establish a connection to the server appeared first on MyBillBook.

The employees who manage the GST proceedings and accounting often have to file for the GST forms themselves or go to the GST office physically. Since they do not own the business, the officers at the GST office need to know that they are indeed the ones in the charge of the accounting and are a representation of the business. To ensure and prove this, a letter of authorization is needed that is signed by the owner of the business, mentioning that the employee is in charge of the accounting and has the authority to carry out the business as mentioned. Without the letter of authorization, the employee will not be able to carry out the business proceedings, as this is a requirement by the GST offices. 

What is the Letter of Authorization and when is it needed? 

A letter of authorization is a document that shows the proof that the business employees are of a particular rank and thus they can be in charge of carrying out the legal proceedings of the business on behalf of the business owner. This letter is signed by the owner of the business who has the authority to do so and is hence known as the Authorized Signatory. 

An Authorized Signatory is someone who has the right to sign on all legal documents regarding the business, they’re in charge of giving off authority to other employees of the business to take up other duties. 

Letter of authorization for GST registration is a must and is required for all types of business, except when a single individual runs the business. The letter of authorization for GST should be uploaded in a pdf format on the website while registering on the GST portal. 

Letter of Authorization for GST is given to a third person to perform certain activities in the realm of accounting and GST purposes. However, a letter of authorization isn’t only given for GST purposes and can be given to third parties to perform other business duties. However, today we’re covering the letter of authorization only from the point of view of GST. 

Thus, a letter of authorization is needed so that the officer in charge of approving the business transactions knows that the third party is the right candidate to conduct the business proceedings they have come for. 

A letter of authorization for GST registration is needed as during the time of registration all the details are filled and at that time the letter of authorization for GST pdf can be uploaded with ease. 

What are the different reasons when and why a letter of authorization can be used? 

As mentioned above, a letter of authorization is simply a legal binding document that gives the third party the responsibility for carrying out the business transactions on behalf of the business and the owner. There are many instances and different business aspects during which a letter of authorization can be used. The biggest one being, a letter of authorization for GST. However, some of the other places where a letter of authorization can be used are: 

• Legal proceedings for court matters and court hearings are done by a lawyer 
• Banking work and account opening procedures 
• Permission to sign on behalf of the business owner 
• To process any legal documents which are not of very great matter 
• For any other business aspects such as signing off sales proceeds, etc. 

Letter of Authorization for Registration 

During the registration process, one needs to ensure they upload the letter of authorization for GST pdf on the website itself. This is a step that is required while registering. The person mentioned in the letter of authorization should be a third party and not the applicant itself. 

For example: If Ms Pushpa is the business owner and she is registering her business on the GST portal and an authorization letter. Ms Pushpa is the authorized signatory and her accountant is in charge of ensuring all the GST filings are done on time, Mr Kiran is the third party that is mentioned in the letter of authorization. 

In case, Ms Pushpa is conducting the business entirely herself and does not have anyone else to give off the authority to, they themselves become the authorized signatory and do not need to fill in any other details. 

Also ensure, once the letter of authorization is drawn up, there is also a letter of acceptance or the statement of acceptance mentioned on the letter. Letter of acceptance is a document that mentions the third party authorised signatory accepting the duties that are given to him. 

Details mentioned in the Letter of Authorization for GST and a sample PDF format 

There is no set rule in which a letter of authorization needs to be mentioned. However, some common details need to be covered to ensure the point of the letter of authorization is conveyed. There are many platforms from where a user can download a letter of authorization and just change the details for their business. 

Some of the details that need to be conveyed in a letter of authorisation GST pdf are: 

• Name of the business 
• Name of the applicant or business owner 
• Address proof 
• Statement mentioning the name of the third party being the authorised personnel 
• Statement mentioning the extent of the duties and responsibilities the authorised personnel is legal to do 
• Acceptance statement from the third party agreeing to the business owner for being the authorised personnel for the said responsibilities 
• Designation of the third party 
• Place, date and digital signature of all the parties involved 

Letter of Authorization for GST PDF format

The post Letter of Authorization for GST appeared first on MyBillBook.

This article is presented just to make you understand various facts, particulars, and formats of export GST bills or GST invoices in detail. If you want to know more, go on reading further.  

Benefits of Using Downloadable Templates for GST Invoice

Why invoice templates are opted more than other billing ways? It is because invoice templates offer ease and affordability while keeping business finances on track. Moreover, it is also one of the best ways to get paid for the work you complete for your clients. Besides, there are many other benefits of making professional electronic invoices no matter if it is an export invoice template or a normal invoice template. Check out a few of the benefits of creating invoice templates right below.

• Get 100% free downloads of invoice templates
• Arrange account information and status of the client
• The download of invoice templates is available in various formats including CSV, XLS (export invoice format in excel), DOC, PDF, and many more
• Free software is available for making invoice templates
• Allows you to create a straightforward and professional impression on your clients
• Be ready with the crucial information whenever required without losing it
• Lets you customize the fields of your invoice template as per your requirements

These are the actual benefits when it comes to using invoice templates. You can now prepare invoices without any mistakes as you will get a lot of 30-day free trial tools on the internet to form invoice templates. With these tools, you can even enjoy many other features including automatic reminders, a billing dashboard template, time tracking, expense tracking, recurring invoices, and more.

Also Check: GST Bill Format in Excel

Better Alternatives for GST Bill Format/GST Invoice Formats

Sometimes, certain businesses make use of alternative tax invoice formats in place of GST bill formats no matter if it is GST export invoice format, normal GST invoice format, or LUT invoice format. Check out a few of the common GST invoice formats alternatives below that are made under the specifications of the GST council:

Receipt Voucher

A registered merchant issues a receipt voucher when it is the case of getting advance payment from the recipient for the supply of goods and services.

Delivery Challan

Delivery challan is issued by the merchant when it is about dealing with special deliveries like foreign transport of goods for professional purposes, liquefied gas supply, foreign transport of goods for non-professional works, and so on.

Export Invoice

The export invoice format in GST is slightly different from normal GST invoices as it should comprise PAN (Permanent Account Number), IEC (Import Export Code), and more. However, the procedures for GST return filing and documentation are the same according to the standardized GST rules. Besides, the export invoice format is different under GST when the supplies are made to a foreign country. 

Reverse Charge Invoice

The recipient has to pay the tax if he or she is buying goods from an unregistered supplier. At that time, the recipient should issue a reverse charge invoice on the supply date of such goods and services as well. 

Bill of Supply

A registered supplier usually issues a bill of supply when there is a supply of exempted goods or services and when the supplier is a registered taxpayer.

Details to be Captured on GST Invoice

Of course, the export bill format under GST is somewhat different from the normal invoice formats as it should capture certain important details for sure. Now, what details should be captured in an export invoice format in a real sense? Let us check out below:

For export invoice (in India):

• Invoice Number
• Name of Supplier
• Address of Supplier
• GSTIN of Supplier
• Date of Issue and Due Date

When it comes to tax invoice for export (Outside India):

• Name of Customer
• Billing Address of Customer if different
• Shipping Address of Customer
• Type of Export like Export with IGST, Export under Bond/LUT, and SEZ with IGST
• Details of goods with description, quantity, and measurement units
• Shipping bill information should be port code, number, and date. It is possible to form an export service invoice format but you would definitely need these details while claiming a refund of paid taxes.
• Conversion rate as the bill is made for a foreign country. The conversion rate can be from INR to any selected currency.
• Digital signature of an authorized person or the supplier
• Tax rates of every product purchased and should be mentioned in separate columns like CESS or IGST if required
• The total value of the bill calculated in INR and the foreign currency you selected

However, it should be noted that there is a specific time period to issue GST invoices for supplying goods and services. To supply goods, the tax invoice should be issued before delivery of goods to the customer, removal of goods, and the issue of account statement/payment. On the other hand, when it is for supplying services, the tax invoice should be issued in 30 days from the date of service rendered and 45 days from the date of service provided (when the supplier is a financial institution, banking company, or an insurer).

FAQs about Export invoice

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