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 ...
Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...
To start with, businesses above a specified threshold will just get a unique number for every electronic invoice or e-invoice generated. This number can be matched with the invoices reported in the ...
Generate Export Invoice Online: The export invoice gains significance in the event of claiming insurance and as a proof of transaction between the exporter and importer. Export Invoice in GST: Similar ...
Around 69.5 lakh Invoice Reference Numbers (IRN)s have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) e-invoicing system. 2- On the first day of the ...
"It has been reported that even after more than 9 months of the first notification in this regard, some of these taxpayers having aggregate turnover of Rs. 500 crore and above are still not ready," ...
In the ongoing nationwide drive against frauds involving fake GST invoices, the Directorate General of GST Intelligence (DGGI) and CGST Commissionerates have arrested 12 persons in a single day, ...
The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21, is ...
As many as 6.03 crore GST e-invoices were generated in December 2020, higher than 5.89 crore in November, according to an official release. It has enabled more than 37,000 taxpayers to generate more ...