Apart from this few insertions were also made in the serial number for example Serial No. 5AA which pertains to “Service by way of renting of residential dwelling to a registered person” is missing ...

The latest notification from India’s Central Board of Indirect Taxes and Customs has given relief to a whole host of businesses from preparing electronic invoices (e-invoice) ⁠— under the ...

Rule-37 of GST Act:- Reversal of ITC in the case of non-payment of consideration- ...

GST rules: The Goods and Services Tax Network (GSTN) has announced an update to the e-invoicing process for businesses. Effective April 1, 2025, taxpayers with an annual aggregate turnover (AATO ...

Compliance changes under the India Goods and Services Tax (GST) regime in 2025 include mandatory MFA & restrictions on E-Way ...

The Goods and Services Tax (GST) regime requires the sellers to upload invoices in a timely manner to allow buyers to avail GST credit. However, if the seller fails to upload an invoice or makes ...

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 ...

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 ...

Over the past one-and-a-half months, CGST Calcutta has identified instances where around 1,000 firms — mostly non-existent and shell companies — have raised fake invoices claiming GST credit of around ...