GSTN rolls out new invoice system to enhance ITC claims; here's how it'll work
Starting October 1, 2024, this feature will help taxpayers streamline, manage, and correct invoices, thereby improving the accuracy of Input Tax Credit (ITC) claims.
Starting October 1, 2024, this feature will help taxpayers streamline, manage, and correct invoices, thereby improving the accuracy of Input Tax Credit (ITC) claims.
An analysis by the apex auditor of pan-India data provided by GSTN revealed significant data inconsistencies between the taxable value and declared tax liability.