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 Goods and Services Tax Network (GSTN) recently announced a new feature in the Invoice Management System (IMS) on the GST portal. This allows taxpayers to mark credit notes as "Pending" for one tax ...
Invoice management is the process of receiving, validating, approving, and paying invoices and functions as the backbone of an organization’s accounts payable (AP) process. For SMBs, poor invoice ...