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What is Invoice Management System (IMS) under GST?
The Goods and Services Tax Network keeps introducing new features to simplify compliance under e-Invoicing. The Invoice Management System is one such feature that has
What is the GST e-Invoice Portal and Why is it Important for Businesses?
eInvoicing under the Goods and Services Tax (GST) regime has transformed the way businesses handle their invoicing processes. It helps businesses generate e-Invoices in a
How to Choose the Right eInvoicing Software for Your Business?
As the digital economy is growing, business owners across the globe are turning towards eInvoicing software to streamline their workflow and financial processes. This shift
B2C E-Invoicing: Here Is Everything to Know
The GST Council has recommended eInvoicing for the B2C sector. The intention of introducing eInvoicing for B2C transactions is to improve compliance and reduce tax
7 eInvoicing Mistakes to Avoid For Successful Implementation into Your Business
eInvoicing was implemented in a phased manner. It first became applicable to businesses with annual turnover of INR 500 crores. It was then expanded to
How to Identify and Report a Fake GST Invoice?
The cases of fake GST invoices have witnessed a significant spike in recent times. Fraudsters generate fake GST invoices for several reasons such as tax
Why is it Necessary for Businesses to Keep Up with eInvoice Latest News in India?
In recent years, the digital transformation of businesses has brought enormous changes to various facets of operations. In particular, the introduction of electronic invoicing, or
What are the Key Challenges with the eInvoicing System?
Implementation of eInvoicing system was authorized by the GST Council in September 2019. As a result, the new compliance reform made its entry in India
