Tag INVOICE MANAGEMENT SYSTEM

Goods and Services Tax

GST Advisory: Key Updates to E-Way Bill and E-Invoice Systems

The Goods and Services Tax Network (GSTN) has announced crucial updates to the E-Way Bill and E-Invoice systems, set to roll out on January 1st, 2025. These updates aim to improve security, streamline processes, and ensure better compliance with government…

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December 23, 2024

Goods and Services Tax

New GST Invoice Management System (IMS): Form GSTR-2B data Management

Introduction The GST Council recently introduced the Invoice Management System (IMS) on the GST portal, starting from 1st October,2024 marking a major enhancement in the ITC Ecosystem of GST, enabling taxpayers to efficiently address invoice corrections/amendments with their suppliers through…

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November 14, 2024