Starting April 1, 2025, businesses with an Annual Aggregate Turnover (AATO) of INR 10 crore or more must upload GST e-invoices to the Invoice Registration Portal (IRP) within 30 days of issuance.
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 ...
The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21, is ...
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 ...
GST may appear simplified, but HSN classification remains central to compliance and disputes. Incorrect classification can lead to penalties and ...
As per the new advisory, the time frame of generating e-invoices for businesses with PAN-based Aggregate Annual Turnover (AATO) of Rs 100 crore has been revised. The latest move by the GST Authority ...
GSTN has issued a new advisory for GSTR-3B filings. Starting February 2026, taxpayers must confirm the 'Tax Liability Breakup ...
Under the IMS, invoices will automatically populate relevant GST returns The Finance Bill 2025-26 likely to be introduced in the budget session of Parliament is expected to amend the Goods and ...
A former employee of a private firm in Noida has been arrested for allegedly generating fake invoices of around Rs 10 crore to fraudulently claim input tax credit of Rs 1.8 crore, police said on ...