Eligible businesses must opt for the composition scheme before 31 March 2026. Missing the deadline makes them ineligible for ...

An optional, online system to reconcile transaction details for availing GST credit may soon be made mandatory, according to two persons aware of the development. The invoice management system or IMS ...

Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...

Input Tax Credit (ITC) has long been a complex terrain for businesses navigating the intricate world of Goods and Services Tax (GST). For enterprises, an accurate input tax credit claim is not just a ...

GST may appear simplified, but HSN classification remains central to compliance and disputes. Incorrect classification can ...

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 ...

MSMEs can have free storage of e-invoices for access even beyond the GST portal's 24-hour deletion period without worry about data loss or lack of accessibility. (Image : Freepik) ...