The Invoice Management System (IMS) ends automatic ITC population in GSTR-3B from Oct 2025. Taxpayers must Accept, Reject, or Pend B2B invoices via the GST ...
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 ...
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 ...
Notably, such rampant cases of fraud in the form of fake GST invoices can be a big trouble for small businesses and customers as these help fraudsters in duping the money paid by customers in the name ...
The Goods and Services Tax Network has introduced the Invoice Management System (IMS) on the GST portal, effective October 1, 2024. This new feature is designed to assist GST-registered taxpayers in ...
Generate Export Invoice Online: The export invoice gains significance in the event of claiming insurance and as a proof of transaction between the exporter and importer. Export Invoice in GST: Similar ...
A GST invoice is generated by a supplier or seller of goods and services to the buyer. The document contains purchase information and details of the supplier and buyer. According to a circular issued ...
Starting April 1, 2025, businesses with an Annual Aggregate Turnover (AATO) of INR 10 crore or more must upload GST e-invoices to the Invoice Registration Portal (IRP) within 30 days of issuance.
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 ...