Centre is now planning to make GST e-invoicing compulsory for businesses with a turnover of Rs 5 crore and above. It would lead bringing the threshold down from the recent Rs 20 crore, said a ...
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, is ...
Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...
In FY25 alone, CGST officers detected GST evasion of more than Rs 2.23 lakh crore. Of the 30,056 cases identified during the ...
Fake GST Bill: For some time now, GST officials have been trying to stop GST fraud. According to the GST Council, most of the GST fraud in the country are done through fake invoice bills. Goods and ...
Uttar Pradesh Police arrested five gang members involved in a GST evasion scam using fake firms, uncovering a Rs 7.03 crore loss. Authorities seized laptops, fake invoices, and an unregistered car.
SEATTLE, WA, Sept. 17, 2020 — Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the availability of Avalara India GST e-Invoicing, ...
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A former employee of a private firm in Noida has been arrested for allegedly generating fake invoices of around Rs 10 crore to fraudulently claim input tax credit of Rs 1.8 crore, police said on ...
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