The Invoice Management System (IMS) has been a pivotal tool under the GST framework, aiding taxpayers in invoice reconciliation and Input Tax Credit (ITC) management.
Waiver of Interest & Penalty Under CGST Act: The CBIC has introduced Section 128A under the CGST Act, effective November 1, 2024.
Read major GST Changes and GST updates effective from 1st November 2024. These changes are aimed at streamlining processes, enhancing compliance, and providing relief to taxpayers.
The introduction of Form DRC-03A on July 10, 2024, through Notification No. 12/2024, has added a new layer of convenience to the GST regime.
This Diwali, clean your accounts with IRIS GST’s Checklist for Accountants| Cleaning Checklist for Accountants | Yearly Accounting Checklist
CBIC's GST Circular No. 237/31/2024 clarifies retrospective provisions in Sections 16(5) and 16(6) of the CGST Act, introduced via the Finance Act (No. 2) of 2024.
This guide answers the most common questions about IMS, exploring how it supports businesses in maintaining accurate and efficient GST filings.
Invoice Management System (IMS): IMS is a newly developed functionality by GSTN that provides taxpayers with the ability to manage invoices more effectively.
Read a step-by-step breakdown of key items to consider before filing your GST returns in November 2024.
In this article, we explore the most important GST updates for September 2024 and their impact on businesses across India.
The 54th GST Council Meeting on 9th September, 2024, in New Delhi, focused on streamlining tax rates, providing relief to individuals, and improving trade facilitation.