India Witnesses a Continuous Growth in the Cash Transactions

India has been a cash economy for a long time, and cash…

Summary of Recent Relaxations Announced by CBIC

The taxpayers who were under the composition scheme have to file quarterly…

Centre Reveals Borrowing Plan through RBI Special Window

Last week, the Central government said it will borrow through the special…

Compensation Issue Remains Unresolved Even After Extended 42nd GST Council Meeting

Union Finance Minister (FM) started the press briefing that the meeting which…

GST Council May Set Up a GoM on GST Compensation Shortfall

The Goods and Services Tax (GST) Council could consider setting up a…

GST Collections Raised, Stood at Rs.95,840 Crore in September

The Ministry of Finance released the gross Goods and Services Tax (GST)…

e-Invoicing: The Biggest Indirect Tax Reform Since Implementation of GST

Goods and Services Tax (GST) has been the biggest indirect tax reform…

Why are businesses moving towards ERP integration for e-invoicing?

In the first phase of e-invoicing, businesses with a turnover of more…

GSTN: e-Invoicing Begins from 01 October 2020 Without Any Changes

The Goods and Services Tax Network (GSTN) Chief Executive Officer (CEO) Mr…

Gujarat AAR: Value of Supply for Helicopter Hiring Includes Fuel Provided

The Applicant Global Vectra Helicorp Ltd employs a fleet of around 30…