When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The introduction of GST brought about ...

The shift to system-driven GST compliance has made spreadsheet-based ITC reconciliation ineffective, pushing businesses toward automation for accuracy and early mismatch ...

NEW DELHI: 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 ...

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 ...

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 ...

Now businesses have a very convenient tool to check the authenticity and validity of an e-invoice sent by suppliers. The Goods and Services Tax Network (GSTN) has authorised five official mobile ...