New Delhi, June 14: The Goods and Service Tax (GST), a sweeping tax reform is set to be rolled out as scheduled on 1 July. With a view to pave the way for stimulating demand and strengthening the ...

Generate E-invoice in GST: Micro units are currently out of the e-invoice purview. GST E-invoice, Steps to generate E-invoice under GST: The Central Board of Indirect Taxes and Customs (CBIC) under ...

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 ...

"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 is being implemented in a phased manner. It will be mandatory for all from the next financial year as part of the government’s ongoing efforts towards ‘Ease of Doing Business’ and ...

When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...

Businesses must show prices inclusive of GST on all price displays to the public. Hotels and food & beverage establishments that impose a service charge on their goods and services are exempted but ...

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 ...