Ledger Crafter

Ledger Crafter At Ledger Crafter, we are committed to delivering exceptional financial and legal solutions.

Our company stands at the forefront of professional services, offering expert guidance in the realms of accounting, legal advice, and corporate compliance.

22/07/2026

Here’s what’s important to understand — even with a valid e-way bill and invoice in hand, a penalty can still be imposed if the e-invoice is missing. But does that mean every transit state has the right to stop and penalize?

In this case:

✅ The transaction had no connection to UP — it didn’t originate there, didn’t terminate there. UP was purely a transit state.

✅ The jurisdiction question — if goods are merely passing through a state, that state’s GST authority has no tax jurisdiction over the transaction at all.

✅ Whose fault was the missing e-invoice? — Generating it was the supplier’s responsibility, not the buyer’s. One party’s non-compliance cannot be used to penalize the other.

✅ Article 301 — Freedom of trade and commerce — if every transit state could impose penalties this way, moving goods from Kerala to Kashmir would become practically impossible.

The Allahabad High Court ruled in the truck owner’s favor — the penalty was cancelled, holding that a transit state has no authority to stop or penalize goods merely passing through.

Takeaway: If your goods are only passing through a state with no purchase or sale happening there — that state cannot stop you and impose a penalty. And a supplier’s compliance failure cannot be shifted onto the buyer.

GST compliance isn’t just about paperwork — understanding jurisdiction and liability is just as critical.

01/07/2026

ISI mark aur BIS — har koi dekhta hai, par samajhta kam hai. Kise lena zaroori hai? 👇
BIS (Bureau of Indian Standards) decides quality and safety standards for products in India. For some products, it’s legally mandatory:
1. ISI mark — cement, electrical cables, steel, packaged water, infant food. Only the manufacturer can apply.
2. CRS — electronics & IT goods (mobiles, chargers, LED lights, power banks). Manufacturers and importers both need it.
3. FMCS — for foreign manufacturers selling in India.
4. Hallmarking — for gold jewellery.
If your product touches health or safety, BIS is likely mandatory. Selling without it can mean penalty and seizure.
📩 DM ‘BIS’ — I’ll tell you if your product needs it.

27/06/2026

Beauty ya fitness industry me ho? Ye aapke kaam ki baat hai. 👇
GST on gyms, salons, spas, yoga and wellness services is now just 5% (from 22 Sep 2025).
But remember: – The 5% rate is WITHOUT Input Tax Credit – No credit on rent, equipment, interiors or other expenses — these become a straight cost – SAC code: 999723 – GST registration needed once turnover crosses ₹20 lakh – You simply pay 5% on your turnover
Income tax made easy: – You can file under Section 44AD — declare 6% (digital receipts) or 8% (cash) of turnover as profit, no need to maintain detailed books. (For proprietors & firms.)
📩 DM ‘GYM’ — I’ll help simplify GST and income tax for your business.

24/06/2026

GST road checks are not always random.
In many cases, the department may already have information before the vehicle is stopped.
In this case, the goods were coming from a customs port, but the full quantity was not being properly invoiced. Information was being passed from the port and transporter side.
Under-invoicing or quantity mismatch can lead to detention, penalty and litigation.
Compliance shortcuts can become very costly.

20/06/2026

GST registration is not mandatory in every case just to open a current account.
Many people apply for GST only for opening a current account, without understanding GST compliance, return filing, notices and penalty exposure.
Many banks may open a current account without GST if proper documents are provided.
If you are starting a business and thinking of taking GST only for current account, check your bank options first.
DM CURRENT to know which banks may allow it and what documents are generally required.

17/06/2026

A small clerical mistake in the vehicle number on an e-way bill should not automatically lead to heavy penalty.
As per Circular No. 64/38/2018-GST, minor mistakes of 1 or 2 characters/digits may attract only a general penalty instead of heavy penalty.
In this case, 200% penalty was imposed during road checking, but the penalty was later reduced to zero in appeal based on the circular.
Clerical error and fraud are not the same. Keep proper records and take legal remedy where required.
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13/06/2026

Humne ek complete ITR filing guide banayi hai for AY 2026-27 — aur ye free de rahe hain. 👇
Inside the guide: – New vs Old regime — which one’s right for you – All tax slabs and rates in one place – Deductions most people forget to claim – What to check in every income source — salary, business, property, capital gains – Capital gains tax rates — shares, property, mutual funds – AIS & TIS explained — and why they must match your ITR (this is where most notices come from) – How to file in a way that minimises the chance of a notice
Want it? Follow + DM ‘ITR’ — I’ll send it across. Free.

09/06/2026

Haryana has officially notified the One Time Settlement Scheme 2026 — effective 1st June 2026
Key benefits:
1. Dues up to ₹1 lakh in any year — fully waived. No application needed.
2. Interest and penalty — 100% waived for every applicant.
3. Tax waiver — 60% on dues up to ₹10 lakh, 50% up to ₹1 crore (slab-wise). Under HGST 1973, up to 70% tax waiver.
Window — only 120 days from 1st June 2026.
This may be the final chance to close decade-old VAT cases.
📩 DM ‘VAT’ — I’ll review your case and tell you exactly how much you’ll have to pay. Follow for updates
Link for official notification is :

https://haryanatax.gov.in/HEX/DownloadPDF?formName=/Notifications/OTS26Final.pdf

03/06/2026

The invoice, actual supplier and goods movement should match properly.
In this case, the goods were being picked from one place, but the invoice was taken from another supplier. That supplier was already under the department’s watch, and the information reached the officers.
A wrong supplier or mismatch in goods movement can put the entire vehicle at risk of detention or seizure.
Follow for more real GST road check stories.

29/05/2026

From 15 June 2026, two important updates are coming on the e-way bill portal.
In Bill-to / Ship-to transactions, the GSTIN of the Ship-to party will also be captured. If the Ship-to party is unregistered, URP will have to be mentioned.
Another important update is the e-way bill closure facility. Once delivery is completed, the e-way bill can be closed by the supplier, recipient, transporter, or authorised person.
Initially, this facility will be voluntary, but businesses should start updating their billing process, transport team, and software because this data may be used for future reconciliation and tracking.
Save this reel and follow for practical GST updates.
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