The government is gearing up to introduce the Invoice Management System (IMS) under the GST framework, aiming to enhance tax ...
There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a specified period, typically by November 30 of the following financial year or ...
BENGALURU: The Commercial Taxes Department (South Zone), Bengaluru, detected GST evasion by a lead ingot manufacturer and ...
Ahmedabad: The Comptroller and Auditor General (CAG) flagged inefficiencies in Gujarat's Goods and Services Tax (GST) ...
Under the revised framework, “specified premises” refer to hotels or properties where the per-night room rate exceeded ₹7,500 in the previous financial year.
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DGGI arrests GST consultant in Vijayawada for ₹42.73 crore bogus invoice scam resulting in ₹6.51 crore tax evasion.
From April 1, hotels charging over Rs 7,500 per day will be 'specified premises' and restaurant services within will attract ...
India's GST system needs a comprehensive review to improve efficiency, reduce complexity, and enhance revenue performance by ...
Hotels charging room rent above Rs 7,500 a day will be considered 'specified premises' from April 1, 2025. Restaurant ...
New Delhi, Mar 27 (PTI) Hotels charging a room rent above ₹ 7,500 a day at any time in any financial year will be considered 'specified premises' for the next fiscal and restaurant services provided ...
The India SME Forum has recommended a phased IMS implementation similar to the e-invoicing transition, with a ...
The India SME Forum (ISF), a non-governmental organisation for micro, small and medium enterprises (MSMEs), has urged the ...
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