moneycontrol.com

GST Council likely to approve rules for Invoice Management System to tackle fake invoicing, tax evasion

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 ...
Business Today

GST ITC rules: Invoice date doesn’t matter, delivery date does; here's why

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 ...
Mint

Big Brother watching: Optional GST invoice reconciliation to be made mandatory

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 ...
Business Line

Invoice Management System may add compliance for GST assesses, say tax experts

https://www.thehindubusinessline.com/economy/invoice-management-system-may-add-compliance-for-gst-assesses-say-tax-experts/article68775504.ece Copy The effort to ...