The Story so far: The GST Council of India approved and rolled out the ‘e-invoicing’ or ‘electronic invoicing’ eco-system in a phased manner for reporting of business-to-business (B2B) invoices to GST ...

Finance and Revenue Secretary Ajay Bhushan Pandey said the e-invoicing implementation B2B transactions from October 1 has been encouraging and is getting progressively robust. "This is the beginning ...

"The turnover threshold for entities to generate e-invoice for B2B sales is likely to be fixed at Rs 50 crore if the GST Council agrees. With this threshold, big taxpayers who are better placed ...

GST rules: The Goods and Services Tax Network (GSTN) has announced an update to the e-invoicing process for businesses. Effective April 1, 2025, taxpayers with an annual aggregate turnover (AATO) of ...

The Pension Fund Regulatory and Development Authority (PFRDA) has updated the Central Recordkeeping Agency (CRA) fees for members of UPS, NPS, NPS Lite, NPS Vatsalya, and Atal Pension Yojana. (Image: ...

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 ...

Input Tax Credit (ITC) has long been a complex terrain for businesses navigating the intricate world of Goods and Services Tax (GST). For enterprises, an accurate input tax credit claim is not just a ...

GST Network has issued an advisory on reporting retail sale price-based valuation for tobacco products like pan masala in e-Invoice, e-Way Bill, GSTR-1, and Invoice Furnishing Facility. This move, ...

The issue is rising enforcement through technology and law reforms. The takeaway is that taxpayers must adapt to stronger ...