According to a recent advisory issued by the GSTN, the changes are aimed at reducing disputes, lowering the compliance burden ...
GSTN's new advisory introduces changes to the Invoice Management System, including an option to keep credit notes pending and a facility to declare ITC reversal ...
The Invoice Management System (IMS) ends automatic ITC population in GSTR-3B from Oct 2025. Taxpayers must Accept, Reject, or Pend B2B invoices via the GST ...
GST 2.0 simplifies India’s tax system, boosts households, empowers MSMEs, and turns fiscal reform into a growth engine under ...
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 System ...
In Ludhiana, a fake GST invoice racket worth Rs 455 crore was busted by the CGST Commissionerate. Three firms were involved, ...
After involving businesses with an aggregate above 5 Crore, the number of e-Invoicing subscribers has increased notably. This upsurge in the businesses eligible for e-Invoicing has also impacted the ...
India considers replacing mineral transport system with GST invoicing to combat corruption and revenue loss in the sector.