Government standardizes GST at 18% for all used vehicle transactions, impacting organized industry players' finances and ...
In this article, we differentiate the credit note issued for B2B supply Vs B2C supply and how to deal with credit note issued under GST; Now, the functionality/ facility of invoice management system ...
There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a ...
The government is gearing up to introduce the Invoice Management System (IMS) under the GST framework, aiming to enhance tax ...
BENGALURU: The Commercial Taxes Department (South Zone), Bengaluru, detected GST evasion by a lead ingot manufacturer and ...
Ahmedabad: The Comptroller and Auditor General (CAG) flagged inefficiencies in Gujarat's Goods and Services Tax (GST) ...
Under the revised framework, “specified premises” refer to hotels or properties where the per-night room rate exceeded ₹7,500 in the previous financial year.
The PAC said the inconsistencies highlight serious inefficiencies in the GST system's data validation and reconciliation ...
DGGI arrests GST consultant in Vijayawada for ₹42.73 crore bogus invoice scam resulting in ₹6.51 crore tax evasion.
From April 1, 2025, hotels charging Rs 7,500+ per night will be classified as ‘specified premises’, making their restaurants ...
From April 1, hotels charging over Rs 7,500 per day will be 'specified premises' and restaurant services within will attract ...
The case originated with Aberdare Technologies Pvt Ltd, which had filed its GST returns on time but discovered clerical ...