Businesses Can Be Forced To Spend Rs 1.5 Lakh For Deploying New GST Invoice System
The government is gearing up to introduce the Invoice Management System (IMS) under the GST framework, aiming to enhance tax ...
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MSMEs fear ₹1.5 lakh annual burden as India rolls out new GST Invoice Management System
The India SME Forum has recommended a phased IMS implementation similar to the e-invoicing transition, with a ...
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Frequent regulatory changes, full automation under GST making compliance difficult and expansive for taxpayers
The introduction of the Goods and Services Tax (GST ... Management System (IMS): The Invoice Management System (IMS) is a digital functionality introduced on the GSTN portal to streamline invoice ...