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, ...

NEW DELHI: An empowered panel of Goods and Services Tax (GST) Council has recommended excluding businesses with sales up to ₹500 crore from the compulsory e-invoicing of GST, to be rolled out from 1 ...

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 ...

Centre is now planning to make GST e-invoicing compulsory for businesses with a turnover of Rs 5 crore and above. It would lead bringing the threshold down from the recent Rs 20 crore, said a ...

The Goods and Services Tax (GST) framework in India has undergone several changes since its inception in 2017. One of the most significant updates is the introduction of the Invoice Management System ...

This piece explains how genuine businesses are often accused of fake invoicing because suppliers fail to comply with GST ...

No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for companies with an annual turnover of over Rs 500 crore ...

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 ...

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 ...

A proper GST invoice is critical to error-free return filing. Here’s everything you should know about how to go about preparing a GST compliant invoice, Come July 1, every seller registered under ...