India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

A Tax Invoice is a legal document issued by a registered supplier under GST. Rule 46 of the CGST and SGST Rules lays down the key details that must be included in a Tax Invoice excluding these special ...

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

GST meet: The Goods and Services Tax (GST) was one of independent India’s largest economic reforms ... and the newly introduced Invoice Management System (IMS) that will be in the limelight ...

New Delhi, Feb 14 () GST Network CEO Prakash Kumar ... group OECD are at the forefront of invoice digitisation," he said. The GSTN CEO said that in India, the aim is to make digitisation part ...