Latest news with #GST-compliant


New Indian Express
28-05-2025
- New Indian Express
Justice league: HC orders conditional release of granites seized in Nalgonda
HC orders conditional release of granites seized in Nalgonda Justice K Lakshman of the Telangana High Court has directed the authorities to verify the nature of granite slabs seized by the assistant director of Mines and Geology, Nalgonda, and ordered conditional release of the vehicle and goods if they are found to be finished products. Justice Lakshman was hearing a writ petition filed by Kanumuri Sunadham of Palnadu district in Andhra Pradesh, seeking release of his lorry and the granite slabs it was transporting, which were seized by the respondent authorities citing lack of proof of royalty payment on the mineral used. According to the petitioner, the vehicle was carrying 4,950 sqft of polished granite slabs from Bhuvanagiri Enterprises in Markapur, Andhra Pradesh, to a buyer named Mahesh in Pune, Maharashtra. The goods were supported by a tax invoice dated March 20, 2025, and a valid e-way bill. Despite submitting the invoice and other necessary documents, including vehicle registration, permit, and insurance papers, the authorities detained the vehicle under a notice dated March 28, 2025, demanding payment of approximately Rs 1.76 lakh as penalty unless the source of procurement was disclosed. The petitioner argued that since the goods were finished products and not raw minerals, royalty payment documents were not applicable. He contended that seizing the vehicle despite producing all required GST-compliant documents was illegal and arbitrary.


Time of India
09-05-2025
- Business
- Time of India
CaptainBiz launches 'Bill2Pay' to help MSMEs accelerate and track payments from Bill to Bank
CaptainBiz , a fintech-saaS platform for MSMEs , announced the launch of Bill2Pay , a feature that unifies invoice generation, digital payment collection, and real-time cash flow tracking in one seamless invoice-linked payment system. #Operation Sindoor India-Pakistan Clash Live Updates| Missiles, shelling, and attacks — here's all that's happening Pakistani Air Force jet shot down in Pathankot by Indian Air Defence: Sources India on high alert: What's shut, who's on leave, and state-wise emergency measures Invoice-linked payment enables linking every invoice a business generates directly to a unique digital payment link. Instead of sending an invoice and separately asking for bank transfers or UPI , MSMEs can now attach a one-click link with their invoice. Customers can pay instantly via UPI, debit cards, credit cards, net banking, or wallets using these links. Once paid, the system automatically updates the payment status against the correct invoice, with no manual reconciliation, no tracking errors. The company enables small businesses to manage GST-compliant invoicing and filing, track inventory, streamline cash flow, and stay audit-ready, all through an easy-to-use SaaS platform accessible via web and mobile. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like You might be interested Undo Available to all CaptainBiz web users and soon on the mobile apps, Bill2Pay allows businesses to generate secure, one-click payment links tied directly to each invoice and share them instantly via WhatsApp, email, or SMS, eliminating manual reconciliation and speeding up collections. Built for the real-world needs of India's 64 million MSMEs, the feature enhances MSME efficiency. With nearly 50% of MSMEs encountering payment delays for over 90 days, this tool serves an urgent need in cash-flow management. This tool empowers MSMEs to enable cheap funding with minimal follow-ups for the business to fasten payments and keep healthier working capital, thereby cementing the need for invoice payments. Live Events "Cash flow delays kill more small businesses than competition ever will," said Yashraj Vakil, CEO of CaptainBiz said in a statement. "Bill2Pay connects invoice creation to payment collection in one click, giving MSMEs the power to accelerate collections, stay audit-ready, and strengthen their working capital without chasing customers or juggling multiple systems. Bill2Pay moves MSMEs from billing to banking in one seamless journey, making cash flow predictable and growth sustainable." In India, where MSMEs often operate on extended 30-90-day credit cycles, Bill2Pay is designed to reduce Days Sales Outstanding (DSO), increase GST compliance, enhance readiness, minimize revenue leakage and manual errors, and hence strengthen credit profiles by building a clean, verifiable digital transaction history.


Associated Press
12-04-2025
- Business
- Associated Press
Orbitechno Software Unveils Innovative Solutions to Transform the Digital Landscape
NASHIK, MAHARASHTRA, INDIA, April 11, 2025 / / -- Orbitechno Software, a forward-thinking technology company, is proud to announce the launch of its powerful billing software and dynamic website design services—a dual offering aimed at helping businesses streamline operations and establish a strong digital presence. With a mission to simplify business processes and accelerate growth through technology, Orbitechno Software's new services are tailored to meet the evolving needs of small to mid-sized enterprises, startups, and established organizations. 'Our goal is to build tools that help businesses operate more efficiently and stand out in the digital marketplace,' said Mukund Malpani, CEO of Orbitechno Software. 'With our intuitive billing software and visually compelling, functional websites, we're giving companies the competitive edge they need in today's fast-paced world.' New Offerings: 1. Billing Software Orbitechno's billing solution is built to simplify invoicing, payment tracking, and financial reporting. Key features include: Easy invoice generation and GST-compliant templates Real-time payment tracking and reporting Customer management and secure data storage Cloud-based access with multi-device support 2. Website Design Services The web design team at Orbitechno creates stunning, responsive websites that are not only beautiful but optimized for user experience and SEO. What sets them apart: Custom, mobile-friendly designs Fast-loading and fully optimized websites CMS integration (like WordPress, Shopify, etc.) E-commerce, portfolio, and business website packages These services are now available to businesses across industries, helping them digitize their workflow and establish a modern, professional brand presence online. About Orbitechno Software Founded in 2016, Orbitechno Software is a dynamic software development firm committed to delivering smart, scalable, and customer-focused technology solutions. With expertise in custom software, billing systems, website design, and digital transformation, Orbitechno empowers businesses to succeed in a competitive digital landscape. For more information, visit: Follow us: Mukund Malpani Orbitechno Software 72765 21766 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.