The GST Council introduced a 'track and trace' system for tax-prone goods, requiring unique identifiers for supply chain ...

The court heard that given the scale and complexity of the matter, Iras took a sample of 41 transactions traceable from Nagore sales invoices to ... was part of a GST missing trader fraud scheme ...

The business number for SA Company should appear on any invoice it issues to the university and on ... In addition, you are not required to charge or collect the GST/HST on the sample publications if ...

When applied, the concession excludes GST. The GST inclusive rates are $1.274 fixed daily ... For most people, the concession is spread across multiple bills. View a bill sample PDF (321.5 KB). Your ...

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 ...

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 ...

Businesses and persons with UPI ID having high UPI transaction volume without GST registration have started to receive notice ...

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 ...

The GST Council clarified rules for old vehicle sales, setting an 18 per cent tax on seller margins, exempting private sales ...

The IMS system is a facility on the GST portal,effective from 1 October 2024. Under this system the supply-recipient is required to either accept or reject an invoice and credit note and has the ...