GSTN shares solution for claiming the correct amount of input tax credit (ITC) despite incorrect ITC details auto-populated ...

Officials at the Ministry of Revenues have issued a directive requiring all tax invoices to feature unique quick response (QR ...

The GSTN in an advisory said that if you are facing the issue of non-generation of GSTR 2B which is a statement of input tax ...

Globally, tax crimes have always been a significant threat to economic stability and governance. These offences ...

IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices pending based on the records uploaded by their suppliers in GSTR-1 or IFF. This gives recipients control ...

The Goods and Services Tax Network (GSTN) has introduced an invoice management system (IMS) on its portal, seeking to help ...

Now suppliers can see and take action on whether buyer rejected the invoice or accepted it on the new IMS portal of GST ...

Managing invoices and expenses is a critical part of running any business, but it can often feel like a juggling act. With ...

Invoice Management System (IMS) is an optional facility introduced from October 2024 on GST Portal, on which the ...

Zahid Hussain said that many vital sectors of the economy are not paying taxes, and the country is suffering from tax ...

The Income Tax Act was enacted in the year 1961 and is the statute under which everything related to taxation is listed. This includes levy, collection, administration and recovery of income tax.