It seeks to resolve the issue of businesses not getting tax credits because of either the seller not uploading the invoice in the GST portal or entering wrong details. “IMS will be made ...
Mandatory ISD Registration and Inclusion of Inter-State RCM Transactions for ... With the introduction of Invoice Management System (IMS) on the portal, recipients can now verify transactions ...
To respond, taxpayers should note the communication date, download the notice from the GST portal, and assess the discrepancies. Common issues include unfiled supplier GSTR-1, missing credit notes, or ...
Tax Invoices of Inward supplies and Outward supplies, Bank statement, Stock registers, E-Way Bill register, ITC claim ledger, Credit ledger and Cash Ledger, Income Tax Return copies etc, as per notice ...
The taxpayer shall upload the serial number of the invoice after receiving the invoice. The individual shall upload through the GST Common Portal in Form GSTR-1.
Download Returns Offline Tool from the GST Portal Follow the steps by step guild lines given ... for the successful working of the GST tool. Invoice Upload Offline tool User Manual.pdf - This file is ...
India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance. While it promises real-time tracking, experts caution about transition ...
In the midst of the annual NCAA convention, and in a potential precedent-setting move, a football player is transferring to another institution without entering the transfer portal and after ...
The ongoing exercise of rationalising Goods and Services Tax (GST) rates is proving to be a challenging task, given the multiple socio-economic and revenue factors involved, said Central Board of ...