This ruling is particularly crucial for small and medium enterprises, which may lack sophisticated accounting systems and are ...
Technology has entered the life of millions of taxpayers in countries where tax compliance is often perceived as arduous and ...
In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has ...
"The complexity of the GST system -- especially when combined with a software system that is ridden with loopholes -- has allowed for large-scale fraud," the Congress leader alleged. Input Tax ...
It emphasized the need for CBIC to reconsider the rigid timelines imposed for rectifying bonafide errors in GST filings. The Court highlighted that denying input tax credit (ITC) due to clerical ...
As the retail industry continues to evolve, supermarkets need advanced billing software to streamline operations and enhance customer experience.
The India SME Forum has recommended a phased IMS implementation similar to the e-invoicing transition, with a ...
With Finance Minister Nirmala Sitharaman asserting that the GST rates will come down further, the Congress on Sunday said any changes in the tax must be more comprehensive than a mere rate reduction ...
He added that the e-invoicing system, set to be fully implemented next year, also has characteristics of the GST system ... purchasing ICT equipment and software. “How much will be spent ...