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 ...

India’s GST e-invoicing system, grounded in Rule 48 (4) of the CGST Rules, now applies to registered taxpayers with turnover above ₹5 crore in any year since 2017–18. Nigeria, meanwhile, is expanding ...

India’s transformation from cumbersome paper trails to seamless digital ledgers is not merely a domestic success story, it is becoming a global template for modernizing tax systems. In its 2025 report ...

The significance of SaaS in GST was highlighted in December 2023, when 4,153 bogus firms suspected of ITC evasion totaling approximately INR 12,036 Cr were detected The spirit of digital ...

While the uniformity of SGST laws across states has reduced compliance complexities compared to the VAT regime, challenges remain. (Mint) The goods and services tax (GST), which recently completed ...

KARACHI: Karachi Tax Bar Association (KTBA) has formally requested the Federal Board of Revenue (FBR) to allow a three-month extension for sales tax e-invoicing and its integration with the portal. In ...

India is weighing in on the possibility of “phasing out” its “transit pass” system for mineral transport, and replace the same with mandatory GST invoicing for every truckload of (iron) ore. Taken up ...