CBIC Bans Consolidated RCM Invoices and sets New Invoice Timeline by Rule 47A
The Central Board of Indirect Taxes and Customs ( CBIC ), through Notification No. 20/2024 – Central Tax dated October 8, 2024, has made significant amendments to the Central Goods and Services Tax ( CGST ) Rules, 2017. Notably, Rule 47A has been introduced, which takes effect from November 1, 2024, setting a time limit…
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