Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...

Fake GST Bill: For some time now, GST officials have been trying to stop GST fraud. According to the GST Council, most of the GST fraud in the country are done through fake invoice bills. Goods and ...

The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21, is ...

Input Tax Credit (ITC) has long been a complex terrain for businesses navigating the intricate world of Goods and Services Tax (GST). For enterprises, an accurate input tax credit claim is not just a ...

Businesses will have to quickly get prepared for the new invoice management system under the goods and services tax that will be introduced from October 1. The new functionality will help taxpayers ...

NEW DELHI: An optional, online system to reconcile transaction details for availing GST credit may soon be made mandatory, according to two persons aware of the development. The invoice management ...

The GST 2.0 reforms aimed to simplify the system with fewer tax slabs, however businesses continue to face challenges in ...

The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the most significant updates is the introduction of the Invoice Management System ...