As many as 69.5 lakh invoice reference numbers (IRNs) were generated in the first week of implementation of the GST e-invoicing system. On the seventh day of the implementation of the system, 13.69 ...
‘E-Invoicing’ has been one of the most discussed topics for the past month and it has made its way to the to-do lists of all large corporates having GST aggregate turnover of more than ₹500 crore. The ...
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 ...
E-invoicing is a new reform which entails the generation of invoices in an electronic format, which facilitates machine readability across ERP and tax systems. There are several validations that the ...
https://www.thehindubusinessline.com/economy/iris-gst-e-invoice-registration-portal-goes-live/article66586793.ece Copy IRIS Business Services on Monday declared its ...
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 ...
The current threshold for e-invoicing is Rs 10 crore Mid-sized and expanding small businesses will be brought under the norms Threshold lowered gradually over the years Starting August 1, businesses ...
Mumbai: With the Goods and Services Tax ready to go on floors from July 1, there seems to be widespread confusion among traders regarding GST provisions on invoice for trade. The Central Board of ...
How to raise GST invoice: Sending invoices under the GST will not be a burdensome process. (Source: PTI) How to raise GST invoice: The Central Board of Excise and Customs and Commercial Department in ...
"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 ...