A fake GST bill is generated by scammers to dupe businessmen and customers, even without any actual supply of goods or services or GST payment. It is basically generated for various fraudulent reasons ...

A GST invoice is generated by a supplier or seller of goods and services to the buyer. The document contains purchase information and details of the supplier and buyer. According to a circular issued ...

The Story so far: The GST Council of India approved and rolled out the ‘e-invoicing’ or ‘electronic invoicing’ eco-system in a phased manner for reporting of business-to-business (B2B) invoices to GST ...

About 35,000 dealers who were given registration in 2018-19 and 2019-20, having annual GST liability of more than Rs 50 lakh. Gaurav Mohan, Richa Jain There are numerous fraud cases involving GST Fake ...

The electronic-invoice (e-invoice) under the Goods and Services Tax (GST) regime that starts from January next year will help banks in expeditious disbursal of loans to micro, small and medium ...

GST investigation arm DGGI has arrested 25 persons over the last week for issuing fake invoices for goods like waste and scrap of non-ferrous metals, readymade garments, gold, silver and construction ...

What changed?: Businesses must now upload detailed invoice-level data in JSON via Annexure-B for GST refund claims, enabling upfront automated validation. Why it matters: The move aims to reduce ...

Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...

NEW DELHI: The GST e-invoice system on Monday announced the enforcement of a 30-day time limit for reporting invoices on e-invoice portals, effective November 1, 2023. The new time limit applies to ...

Businesses must show prices inclusive of GST on all price displays to the public. Hotels and food & beverage establishments that impose a service charge on their goods and services are exempted but ...