Centre is now planning to make GST e-invoicing compulsory for businesses with a turnover of Rs 5 crore and above. It would lead bringing the threshold down from the recent Rs 20 crore, said a ...

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 ...

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 ...

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 ...

India’s transformation from cumbersome paper trails to seamless digital ledgers is not merely a domestic success story, it is becoming a global template for modernizing tax systems. In its 2025 report ...

PETALING JAYA: The government should reconsider electronic invoicing (e-invoicing) as the proper mechanism is not in place to meet the deadlines set for its implementation, says Datuk Seri Dr Wee Ka ...

The significance of SaaS in GST was highlighted in December 2023, when 4,153 bogus firms suspected of ITC evasion totaling approximately INR 12,036 Cr were detected The spirit of digital ...

BRIGHTON, England--(BUSINESS WIRE)-- Avalara, Inc. (NYSE:AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the availability of Avalara ...

Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...