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End-of-year bulk orders may not reduce GST liability immediately. Learn about GST ITC, Input Tax Credit, GSTR-3B, ...
The Invoice Management System (IMS) represents a significant leap forward in India's GST compliance journey. IMS fundamentally reshapes tax reporting and compliance by prioritising accuracy ...
India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance. While it promises real-time tracking, experts caution about transition ...
In this guide, you will be told in detail about eligibility, required documents, updated GST registration process of 2025, ...
GST Registration for E-commerce Sellers: The government in June last year had announced that businesses with a turnover of up to Rs 40 lakh selling via e-commerce won’t have to apply for GST ...
Invoice Management System may add compliance for GST assesses, say tax experts First GSTR-2B based on IMS to be generated for October on November 14. By Shishir Sinha ...
The GST Council, in its upcoming meeting on December 21, is set to deliberate on and is likely to approve rules for the implementation of the Invoice Management System (IMS).
Export Invoice in GST: Similar to a tax invoice, an export invoice is raised by an exporter or supplier of goods and services listing the items exported, the amount due from the importer and other ...
The ecommerce giant’s subsidiary is said to have illegally availed input tax credit (ITC) worth INR 21 Cr since July 2017 based on fake invoices.
Income Tax Crackdown: I-T Dept Reopens Past Assessment Cases Over Fake Purchase Entries, GST Invoice Fraud In Trading, Construction And Electronics Sectors In a renewed crackdown on tax evasion ...