This is expected to significantly alter the way taxpayers interact with invoices.
The Goods and Services Tax Network (GSTN) has released a set of Frequently Asked Questions (FAQs) regarding the newly introduced GST Invoice Management System (GST IMS). The GST IMS introduces new functionalities that allow taxpayers to seamlessly accept, reject, or keep invoices pending for future processing, offering flexibility in managing invoices as per business needs….
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