No input tax credit if e-invoice not uploaded in GST portal within 30 days: New rule soon
Under GST law, businesses (suppliers/sellers ... enables the buyer to claim input tax credit. Once uploaded an invoice ...
Hosted on MSN1mon
GST rule change: From April 2025, taxpayers need to upload e-invoices within 30 days of issuance
GST rules: The Goods and Services Tax Network ... Upon uploading the invoice, an invoice reference number (IRN) and a QR code will be generated. "From 1st April 2025, taxpayers with an AATO ...
Business Today6d
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.com8d
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 ...
Business Insider India2y
Oct 1 deadline for compulsory e-invoice generation nears for firms with ₹10 crore turnover
It was the decision of the GST Council to implement e-invoices ... Sources said that e-invoices bear a unique invoice reference number which is generated through invoice registration portal.