Major updates include GST refund clarification by Supreme Court, RBI FEMA amendments, DGFT export schemes, and important AAR ...
Despite tighter enforcement and analytics-driven scrutiny, fake invoices and input tax credit (ITC) frauds under the Goods and Services Tax (GST) regime continue to surface on a large scale. The GST ...
E-invoicing under GST refers to the electronic generation of invoices as mandated by GST regulations. Similar to the requirement for GST-registered businesses to issue e-way bills when transporting ...
PUTRAJAYA, Feb 3 (Bernama) -- The Inland Revenue Board (IRB) has detected RM1.4 billion in unreported income following audit checks and enforcement actions carried out under the e‑Invoice system, ...
a. In this article, I am discussing the applicability of e invoicing in case of export supply. It may be taxable or exempt supplies. b. I am also covering the scenario whether the supplier has filed a ...
OTTAWA - Prime Minister Mark Carney kicked off the winter session of Parliament on Monday by unveiling a new plank in the Liberals’ affordability agenda. Making the announcement from an Ottawa grocery ...
NEW DELHI: The statistics office will use administrative data sources, such as GST filings, E-Vahan data, financial results of listed companies, data on consumption of natural gas and other numbers to ...
George Obell during a past interview. He has been apointed as KRA'S Commissioner for the Micro and Small Taxpayers Department (MST). The Kenya Revenue Authority (KRA) is deploying a technology that ...
The Ministry of Finance projects that revenue from the Goods and Services Tax (GST) will reach Nu 14.18 billion in the fiscal year 2026-27. This is a 47.2 percent increase, or an additional Nu 4.55 ...
Companies have been given an extra year to transition to e-invoicing, during which time they will not be penalised, said Prime Minister Anwar Ibrahim. The extended transition period this year will be ...
In the ever-evolving landscape of taxation, e-invoicing GST stands out as a revolutionary step toward simplifying compliance for businesses of all sizes. As digital transformation reshapes how ...
VISAKHAPATNAM: The officers of the Directorate General of the GST (Intelligence) DGCI, Visakhapatnam zone unit unearthed a network involved in fraudulent availment and passing on of input tax credit ...