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 ...

NEW DELHI: 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. NEW DELHI: An optional, ...

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 ...

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 ...

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 taxpayers ...

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 ...

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 ...