A. GSTN Advisory
Frequently Asked Questions on IMS
With the Introduction of Invoice Management System (IMS), the taxpayers interaction with invoices and business processes will change. This innovative feature empowers taxpayers to seamlessly accept, reject, or keep invoices pending in the system to avail later as and when required, streamlining the reconciliation process, and ensuring greater accuracy and efficiency in GST compliance.
GoM on GST rate rationalisation to meet on Sep 25
The ministerial panel tasked with GST rate rationalisation will convene on September 25 in Goa to discuss potential adjustments to tax slabs and rates, reports PTI.
Loss-making MNCs liable to pay tax on India setup
Multinational companies (MNCs) using various outfits in India or engaging people to promote, operate and grow their businesses from the Indian market will have to pay tax attributable to such setups even if these MNCs report losses in their global balance-sheets.
GST Books : See here
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