Input Tax Credit (ITC) has long been a complex terrain for businesses navigating the intricate world of Goods and Services Tax (GST). For enterprises, an accurate input tax credit claim is not just a ...

The Central Goods and Services Tax (CGST) Commissionerate, Ludhiana, has arrested a father-son duo after conducting multiple search operations in Ludhiana on September 16, unearthing a fake GST ...

An optional, online system to reconcile transaction details for availing GST credit may soon be made mandatory, according to two persons aware of the development. The invoice management system or IMS ...

GST rules: The Goods and Services Tax Network (GSTN) has announced an update to the e-invoicing process for businesses. Effective April 1, 2025, taxpayers with an annual aggregate turnover (AATO) of ...

In FY24, Directorate General of Revenue Intelligence detected Rs 21,000 crore worth of fake invoicing across country and made 113 arrests in this regard Shrawan Kumar (right), chief commissioner, CGST ...

MUMBAI: The officers of the Thane Central Goods and Service Tax (CGST) Commissionerate, under the CGST Mumbai Zone, busted a fake GST invoice racket involving fraudulent transactions worth ₹140 crore ...

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 System ...

The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...

54th GST Council Meeting Live: The 54th GST Council Meeting has commenced. (Reuters) 54th GST Council Meet Live, Tax Announcements Live Updates: The 54th GST Council Meeting, chaired by Union Finance ...