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

India’s GST system unified taxation and enhanced transparency. To verify a GST bill’s authenticity, consumers must check the ...

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

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.

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.

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.

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 ...

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 ...

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.

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 ...