Thus with the start of the new financial year 2019-20 (w.e.f. 01/04/2019), a new invoice series, unique for the financial year, is to be started by the GST taxpayers. A similar provision is there in ...

The Government of India (GoI) has made QR (Quick Response) Code mandatory for GST Invoices as per Notification No. 72/2019. According to the notification, the assessees who should provide QR Code are ...

The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the most significant updates is the introduction of the Invoice Management ...

HDFC Bank introduced processing fees for gift vouchers and excluded co-branded cards from instant discounts. Cardholders ...

The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21 ...

The introduction of the Invoice Matching System (IMS) in 2025 will enhance transparency and accuracy in GST filings by automating invoice reconciliation and reducing fraudulent ITC claims. ”However, ...

Rajasthan High Court accepted bail application in the case of issuance of fake GST invoice since maximum punishment for the alleged offence is five years and accused has already suffered custody of ...

Platforms such as Amazon and eBay have helped to bring together Australian ... If the goods are paid for by instalments, the payment or invoice referred to is for the final instalment. If the goods ...

Buying a second hand vehicle will now become expensive. As a part of a slew GST rate tweaks announced by the GST Council today, the rate on the sale of old and used vehicles has been increased from 12 ...

With just a weekto go before Christmas Day, the Teamsters union has launched a strike against Amazon. The timing is no coincidence. “If your package is delayed during the holidays, you can blame ...

Managing business finances involves navigating taxes and loan repayments. A GST calculator simplifies tax calculations, aiding accurate budgeting and expense tracking. Pairing this with a Bajaj ...