Associate TGGST Invoice Management System With the rollout of the Invoice Management System (IMS) on the GST portal, businesses are gaining more control over their invoice processing, helping them streamline compliance, reduce errors, and improve transparency. This guide covers all the essential aspects of IMS, particularly focusing on the Supplier View feature introduced to enhance supplier-recipient … Read more
Comprehensive Guide to Filing Form GST DRC 03A Comprehensive Guide to Filing Form GST DRC 03A In an important update for GST taxpayers, the Goods and Services Tax Network (GSTN) has introduced Form GST DRC-03A. This new form addresses issues arising from taxpayers mistakenly paying demand amounts using Form GST DRC-03 instead of the dedicated … Read more
New Advisory for e-Invoice Reporting on the IRP Portal New Advisory for e-Invoice Reporting on the IRP Portal In a significant move to streamline compliance and expand the e-Invoice reporting mandate, the GST Network (GSTN) has announced a new advisory that reduces the threshold for mandatory 30-day e-Invoice reporting. Effective from April 1, 2025, this … Read more
Understanding GST Rates on Common Hotel Services Understanding GST Rates on Common Hotel Services The hospitality industry offers a wide range of services, from room accommodations to catering and transport. Each of these services comes with specific GST (Goods and Services Tax) implications, which vary based on the type and nature of the service provided. … Read more
Key Financial Initiatives for Inclusive Growth Key Financial Initiatives for Inclusive Growth The Indian Budget 2024 introduces several pivotal financial initiatives aimed at fostering inclusive growth and economic stability. These initiatives focus on enhancing credit access, supporting education, and improving insolvency resolution processes. Here, we delve into the significant measures announced: the increase in the … Read more
