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GST is a comprehensive, multistage, destination-based tax on the supply of goods and services in India. It subsumed most indirect taxes and came into effect from 1 July 2017 after a long reform process.
Learn about e-invoicing, a form of electronic billing that uses various technologies and standards to exchange documents between trade partners. Find out the history, purpose, and usage of e-invoicing in different countries and regions.
TAN is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961. TAN is used to claim the tax deducted in the income tax return and to deposit the tax deducted at source.
Revenue intelligence: On the indirect tax side, Directorate of Revenue Intelligence, i.e., DRI (for custom duty evasion, smuggling etc.) and Directorate General of GST Intelligence, i.e., DGGI (for GST evasion) are the agencies which are responsible for the collection of intelligence regarding evasion and smuggling of indirect taxes and also ...
AOL Mail offers secure and personalized email with features like AOL Mail, news, and weather for free. You can also access your email on the go with an iOS & Android app and get help from experts.
Learn about the definition, history, types and advantages of electronic billing, when a seller sends its bills or invoices over the internet and customers pay electronically. Find out the parties involved, the legacy systems and the new solutions in the US market.
This web page shows the monthly GST revenue collections in India from 2017-18 to 2024-25. It also provides the sources and links for the official data released by the Ministry of Finance of India.
An invoice is a commercial document issued by a seller to a buyer relating to a sale transaction and indicating the products, quantities, and agreed-upon prices. Learn about the history, format and variations of invoices, such as pro forma, credit, debit and self-billing invoices.