Invoice System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The government has decided to postpone the mandato

The political scene in our country was awakened to reality, from the sweet sleep it had fallen into during the winter holidays, on January 9, when hundreds of farmers began to move to the Capital, dissatisfied with the fiscal measures imposed by the Government at the end of last year and the generalization, starting January 1, 2024, of the Ro e-Invoice and Ro e-Transport digital reporting systems, but also the increase in fuel excises and RCA tariffs.

CBIC has implemented two-factor authentication for e-waybill and e-invoice systems from December 1, heightening security measures within the goods and services tax systems. The rollout began in Haryana, extending soon to Punjab, Chandigarh, Uttarakhand, Rajasthan, and Delhi in phases before expanding nationwide in the second phase for taxpayers' seamless operation.

The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this...

Businesses in India with an aggregate annual turnover of over Rs 100 crore will now have a time limit of 30 days to report e-invoices under the goods and services tax (GST) system. This decision by the GST Authority amends the previous proposal of a seven-day time limit, taking into account concerns raised by businesses.