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 ...
As per the GST guidelines, it will be mandatory for companies with a B2B transaction value of ₹5 crore, to produce an electronic invoice. Earlier, companies with an annual revenue of ₹10 crore or ...
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 ...
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 ...
Delhi was in the second spot with GST invoice frauds worth Rs 14,901 crore, followed by Haryana (Rs 12,488 crore) and Gujarat (Rs 11,949 crore). (Representational image) The Central Goods and Services ...
Individuals may soon get rewarded for uploading GST invoice on a mobile app as the government is likely to launch the long awaited 'Mera Bill Mera Adhikar' scheme soon. Under the invoice ...
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 ...