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Faster ITC claim: Now suppliers can see & take action on whether buyer rejected the invoice or accepted it on the new IMS portal of GST

The Goods and Services Tax Network (GSTN) has introduced a new feature where suppliers can see whether the buyer has accepted or rejected the invoice saved by the supplier on the GST portal. This ...
Business Today

Invoice Management System under GST: The true enabler for accurate Input Tax Credit claims

Input Tax Credit (ITC) has long been a complex terrain for businesses navigating the intricate world of Goods and Services Tax (GST). For enterprises, an accurate input tax credit claim is not just a ...
Business Recorder

Checking fraudulent refund claims: FBR considering 'Web-Based Invoice System'

The Federal Board of Revenue (FBR) is examining a proposal to introduce a 'Web-Based Invoice System' on the FBR website to computerise issuance of sales tax invoices by registered persons for checking ...