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Customer Guidelines/News

Gen GST Software’s Invoice Management System Dashboard

SAG Infotech's Gen GST software introduces a new Invoice Management System (IMS) feature for registered taxpayers. Read the article to learn more.

MCA Dept. Extends Deadline for Filing Financial Statements by Producer Companies

The Ministry of Corporate Affairs (MCA) on October 30, 2024, declared an extension period for the filing of financial statements by Producer companies.

GST: Tax Authorities Disclose INR 25K Cr Tax Evasion Due to False Tax Credit Claims

It was discovered by the GST officers that nearly 18,000 bogus companies have been evading taxes of around Rs 25,000 crore. By claiming the tax benefits without performing the real business these companies were being made merely to cheat the GST system.

TDS Concept for the Metal Scrap Industry Under GST

The provisions for Tax Deducted at Source (TDS) under GST as specified in section 51 of the CGST Act, were initially restricted to the government entities and public sector units (PSUs).

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