The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the ...
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 ...
For enterprises, an accurate input tax credit claim is not just a regulatory requirement but a critical financial imperative ...
The latest notification from India’s Central Board of Indirect Taxes and Customs has given relief to a whole host of businesses from preparing electronic invoices (e-invoice) ⁠— under the ...
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 ...
Over the past one-and-a-half months, CGST Calcutta has identified instances where around 1,000 firms — mostly non-existent and shell companies — have raised fake invoices claiming GST credit of around ...