The Goods and Services Tax (GST) software is the front-end IT infrastructure for Indian businesses under the tax system to file their returns, upload invoices, create challans for making payments, and ...

The introduction of the GST system converted the complex indirect tax framework of India into an easy and integrated one. In the long run, the new tax reform-GST is going to overflow the Indian ...

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 ...

"B2C is the second chapter. In B2B, we see lot of fake invoices, which is a challenge to increase the GST collection," he added. The Goods and Service Tax Network (GSTN) recently released a detailed ...

‘E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way to the to-do lists of all large corporates having GST aggregate turnover of more than ₹500 crore. The ...

Around 69.5 lakh Invoice Reference Numbers (IRN)s have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) e-invoicing system. 2- On the first day of the ...

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 reducing the ...

The Goods and Services Tax regime, which was launched in July 2017, seemed to be settling down when the Covid-19 pandemic dealt a blow to the economy, bringing businesses to a standstill in April and ...

The GST e-invoicing system was implemented from October 1, 2020, for businesses with annual turnover of Rs 500 crore or more. It was later extended to businesses with over Rs 100 crore turnover from ...