Currently, there is an edit facility given to both buyers and sellers to correct any errors even after credit is taken on the tax. The government plans to do away with the flexibility given to buyers ...

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 ...

A supplier cannot issue a GST credit note merely because the buyer has not paid the invoice. The proper remedy is to document the default and rely on ITC reversal provisions under the CGST ...

The e-invoicing system has been implemented by the Government w.e.f. October 1. Read more about the system, benefits, steps to generate e-invoice and the difference between the existing and the ...

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 ...

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 ...

The GST Council, at next week’s meeting, is likely to consider a proposal to bring more clarity on action against entities involved in claiming Input Tax Credit (ITC), which has become a major source ...

Article explains five common compliance mistakes after the 22 September 2025 GST rate changes, covering rates, ITC, transition stock, IMS and GSTR-1A ...