e-Invoicing Initiative Ends the Under-reporting of Sales Turnover

The extension of the e-invoicing initiative to entities with Rs.50 crore concludes…

e-Invoicing to Apply to Businesses With Turnover Exceeding Rs.50 Crore

The CBIC has released a notification on 8th March 2021 confirming that…

e-Invoicing May Apply to Businesses With Over Rs.50 Crore Turnover

The e-invoicing portal has recently enabled sandbox testing for businesses with turnover…

Tax Payment Options Under QRMP Scheme

The Quarterly Returns and Monthly Payment of Tax (QRMP) scheme was implemented…

One more condition for ITC claims adds the burden on taxpayers

Budget 2021 has amended Section 16 of the CGST Act, through the…

What risks does your business run if you do not implement e-invoicing?

e-Invoicing has been made mandatory for businesses with turnover exceeding Rs.500 crore…

Restaurants Sector Demands GST Reduction on Food Delivery Services

The restaurants and delivery sector has demanded to reduce the Goods and…

Pre-Budget Memorandum: Industry Body Asks to Bring Natural Gas under GST Ambit

The Federation of Indian Petroleum Industry (FIPI) has asked the Indian Government…

215 Persons Arrested for GST Fraud; Authorities Recover Over Rs.700 Crore

In the last two months, the Goods and Services Tax (GST) authorities…

Government Tightens GST Laws for Fraudulent GST Practices

With the turn of the decade, the Indian government has found new…