While GST will place a significant compliance burden on e-commerce companies, a streamlined manner of registration & credit utilisation will relieve some stress Written by Archi Agnihotri Updated ...

The growing ecommerce sector is expecting further relief in terms of tax and GST in the upcoming union budget. Last year, GST was one of the biggest economic reforms that helped various sectors of ...

In this guide, you will be told in detail about eligibility, required documents, updated GST registration process of 2025, ...

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 ...

Less: GST on office supplies (Rs 10,000*5%) - 1000 Net GST to pay = 6000 2. Higher threshold for Registration In the earlier tax structure, businesses with an annual turnover of more than INR 5 ...

The GST Council, chaired by Union Finance Minister, had reduced tax rates on over 200 daily use items like chocolates, waffles, furniture, wrist watch, cutlery items, suitcase and ceramic tiles ...

The Goods and Services Tax Network has introduced the Invoice Management System (IMS) on the GST portal, effective October 1, 2024. This new feature is designed to assist GST-registered taxpayers ...

New Delhi: Finance minister Piyush Goyal on Saturday said Goods and Services Tax (GST) rates on all items could be brought down by 4-5 percentage points if every consumer insists on an invoice at ...

SINGAPORE: Goods and services tax (GST) could soon be levied on e-commerce purchases as the Government looks to diversify its tax base and capture value from this fast-growing sector, experts said.