MUMBAI: A day after the midnight launch of the Goods and Services Tax (GST), several restaurants were on Sunday struggling to get the GST bill format right. While some eateries issued receipts to ...

RAI is requesting that retailers be allowed to issue retail cash memo which has details of all articles sold and net price including GST realised for each article. (Reuters) The Retailers Association ...

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 ...

Around 69.5 lakh Invoice Reference Numbers (IRN)s have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) e-invoicing system. 2- On the first day of the ...

Generate E-invoice in GST: Micro units are currently out of the e-invoice purview. GST E-invoice, Steps to generate E-invoice under GST: The Central Board of Indirect Taxes and Customs (CBIC) under ...

This is for the third time, in the current financial year, GST collection has crossed ₹1.50 lakh crore mark(MINT_PRINT) The Goods and Services Tax system that was ...

The Goods and Services Tax (GST) has transformed the Indian taxation landscape, bringing in a unified system of indirect taxation. However, this transition has also opened doors for fraudulent ...

Fake GST Bill: For some time now, GST officials have been trying to stop GST fraud. According to the GST Council, most of the GST fraud in the country are done through fake invoice bills. Goods and ...

"Every eligible business must follow the steps given above strictly to avoid penal consequences." "An electronic invoice or e-invoice is a tax invoice declared by a GST-registered business with the ...

Many exporters expect GST to boost competitiveness in the outward shipments Traders, small businessmen, manufacturers and suppliers are studying various tax implications after the much-awaited launch ...