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As we move further into 2024, the Goods and Services Tax (GST) landscape continues to evolve. Recent notifications have introduced stricter compliance measures regarding Input Tax Credit (ITC) claims. Businesses must now ensure that their vendors have filed GSTR-1 and GSTR-3B on time to avail credit. Additionally, e-invoicing is now mandatory for businesses with a turnover exceeding Rs. 5 Crore. Failure to comply can result in significant penalties and disruption of supply chains. It is crucial for CFOs and tax heads to audit their current GST practices and integrate automated solutions to stay compliant.