The government will notify a new GST e-invoice scheme under which businesses with turnover of Rs 500 crore and above will generate all invoices on a centralised government portal starting October 1, ...
After involving businesses with an aggregate above 5 Crore, the number of e-Invoicing subscribers has increased notably. This upsurge in the businesses eligible for e-Invoicing has also impacted the ...
Ever since the concept of e-invoicing was approved by the GST council, the buzz around e-invoicing has gained importance among the business community. E-invoicing is scheduled to be rolled out for ...
As per the GST guidelines, it will be mandatory for companies with a B2B transaction value of ₹5 crore, to produce an electronic invoice. Earlier, companies with an annual revenue of ₹10 crore or ...
Generate E-invoice in GST: Micro units are currently out of the e-invoice purview. GST E-invoice, Steps to generate E-invoice under GST: The Central Board of Indirect Taxes and Customs (CBIC) under ...
The GST Council, on September 29, 2019, has approved the introduction of ‘E-invoicing’ or ‘electronic invoicing’ for business to business (B2B) transactions from January 1, 2020. Once implemented, it ...
https://www.thehindubusinessline.com/economy/e-invoices-enabled-for-taxpayers-with-annual-turnover-between-5-10-crore/article66937702.ece Copy GST Network (GSTN) has ...
The new GST electronic invoice system is aimed at reducing GST manipulations through fake invoices, but the changes that the government is bringing to the system are posing challenges to businesses on ...
The Story so far: The GST Council of India approved and rolled out the ‘e-invoicing’ or ‘electronic invoicing’ eco-system in a phased manner for reporting of business-to-business (B2B) invoices to GST ...
The Centre will halve the threshold for mandatory GST e-invoicing for business-to-business transactions to Rs 10 crore from October 1. The Central Board of Indirect Taxes and Customs (CBIC) on Monday ...