GST: Buyers will not be able to claim input tax credit (ITC) if specified sellers or suppliers do not upload the e-invoice ...

E-invoice generation method will be similar to the one being followed for e-way bill on the 'ewaybill.nic.in' portal or payment of Goods and Services Tax on the GSTN portal.

Learn about India's upcoming GST Compliance Rating system and recent tax reforms. Understand its benefits for taxpayers, ...

GST officers are working on a system where businesses above a certain turnover threshold will have to generate ‘e-invoice’ on government or GST portal for every sale, thereby effectively ...

The introduction of GST brought about a paradigm shift in the indirect taxation landscape in India by replacing a complex and fragmented tax structure with a unified system, aligning with the ...

Only about half of eligible GST identification numbers were generating electronic invoices Dilasha Seth , Gireesh Chandra Prasad Updated 24 Jun 2022, 06:24 AM IST ...

Businesses will have to quickly get prepared for the new invoice management system under the goods and services tax that will be introduced from October 1. The new functionality will help ...

The Income Tax Act allows reassessment of tax returns upto three years in routine cases and for undisclosed income exceeding Rs 50 lakh linked to an asset, expenditure or book entry, the window ...

Income-Tax portal showing GST turnover to better compliance: ... In a nationwide drive launched against fake invoice scams a week ago, the revenue department has made 25 arrests 1,180 entities.

India Business News: NEW DELHI: GST officers are working on a system where businesses above a certain turnover threshold will have to generate 'e-invoice' on government or.

E-invoice generation method will be similar to the one being followed for e-way bill on the 'ewaybill.nic.in' portal or payment of Goods and Services Tax on the GSTN portal.