The building of capacity by adding 4 new private IRPs by the Govt should help taxpayers make this transition,” Mahanti said.”There is also an implication for large anchor clients who procure from the smaller taxpayers as they will have to ensure that sellers generate e-invoices so that they can avail Input Tax Credit (ITC),” he added.
Source: newindianexpress.com
Latest Posts in "India"
- Goa Notifies VAT Amendment Act 2026: Strengthens Composition Scheme, Settlement, and Refund Procedures
- GST Not Applicable on Assignment of Leasehold Rights; Eligible for Refund on Past Payments
- ICAI Releases Revised 2026 Handbook on Cross-Border Transactions, Investments, and International Taxation
- High-Value Transactions Now Automatically Reported to Tax Authorities, Even If Not Disclosed in ITR
- GST Compliance for CFOs: Strategic Risk Mitigation and Operational Efficiency in Indian Enterprises














