Under the new invoice management system, GSTR-2B will now be generated quarterly instead of monthly for taxpayers who file returns on a quarterly basis. However, for the first two months of the ...
Arjuna Krishna, I heard there’s a new Invoice Management System (IMS) on the GST portal. What’s it all about? It sounds complicated. Krishna Arjuna, IMS is ...
This is because e-Invoicing systems are automated and organised to collect correct information, while also processing it directly into the government’s tax system (MyInvois Portal). Here is what ...
Supplier GSTIN (i.e., Goods and Services Tax Identification Number) The 15-digit number allotted while obtaining registration under GST. Financial Year The respective financial year in which the ...