The government has announced significant changes to the GST filing system, set to take effect in 2025. One of the key updates is the introduction of two-factor authentication (2FA) in the e-Invoice ...
The GST Network is preparing to implement e-invoicing for B2C transactions, with the design architecture nearly complete. A pilot project will be launched, initially targeting large retailers and ...
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 ...
https://www.thehindubusinessline.com/economy/invoice-management-system-may-add-compliance-for-gst-assesses-say-tax-experts/article68775504.ece Copy The effort to ...
GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule.
The Directorate General of Foreign Trade (DGFT) is considering making GST E-Invoices mandatory for claiming deemed pharma export benefits under the Foreign Trade Policy (FTP). This proposal, aimed at ...
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 ...