"Every eligible business must follow the steps given above strictly to avoid penal consequences." "An electronic invoice or e-invoice is a tax invoice declared by a GST-registered business with the ...

The e-invoice system was introduced to make the Goods and Services Tax (GST) regime more transparent and technology-driven.

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 ...

A GST invoice is generated by a supplier or seller of goods and services to the buyer. The document contains purchase information and details of the supplier and buyer. According to a circular issued ...

NEW DELHI: The GST e-invoice system on Monday announced the enforcement of a 30-day time limit for reporting invoices on e-invoice portals, effective November 1, 2023. The new time limit applies to ...

CBIC Chairman Vivek Johri said the GST Council, comprising finance ministers of the Centre and states, had decided to implement it in a phased manner and with e-invoices being generated, for every B2B ...

From 1 April, businesses with sales of over ₹50 crore will have to generate e-invoices for B2B transactions.bloomberg The practice among small businesses of issuing ‘kacha bills’ or informal sales ...

Currently, businesses with turnover of over Rs 20 crore will have to generate e-invoices for B2B transactions. (Representational image) GST-registered businesses with annual turnover of more than Rs 5 ...