New GST Invoicing: A step forward or backward?
The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the ...
The New Indian Express22d
VIEW| New GST Invoice Management System: A step forward or backward?
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 ...
Business Today5d
Invoice Management System under GST: The true enabler for accurate Input Tax Credit claims
Recognising these persistent challenges, the Government has introduced the Invoice Management System (IMS) as a transformational solution for GST invoice compliance. This new feature represents a ...
Business Insider India4y
E-invoice under GST: These businesses need not prepare electronic invoices up to a revenue of ₹500 crore any more
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 ...
moneycontrol.com7d
GST Council likely to approve rules for Invoice Management System to tackle fake invoicing, tax evasion
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 ...
The Telegraph27d
Central GST authority in Calcutta takes steps to address concerns over fake invoices
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 ...