The cases of fake GST invoices have witnessed a significant spike in recent times. Fraudsters generate fake GST invoices for several reasons such as tax evasion, fake purchases, money launde… Read More
GST has provided an e-Invoice Master Information Portal along with six different IRPs (Invoice Registration Portals). Here we are providing this article for comprehensive understanding regar… Read More
So far many GST registered taxpayers have been enabled for e-Invoicing and all most all are generating e-Invoice either using general procedure of Bulk uploading of e-Invoices to e-Invoice p… Read More
The e-Invoice mandate as per the GST Notification 10/23 had been extended to the businesses with a turnover exceeding Rs. 5 crores from 1st August 2023. GST continues the process of enabling… Read More
So far many GST registered taxpayers have been enabled for e-Invoicing and all most all are generating e-Invoice either using general procedure of Bulk uploading of e-Invoices to e-Invoice p… Read More
The e-Invoice mandate as per the GST Notification 10/23 had been extended to the businesses with a turnover exceeding Rs. 5 crores from 1st August 2023. GST continues the process of enabling… Read More
PROCESS OF E-INVOICE GENERATION AND AUTO-POPULATION IN GSTR-1
LET’S
UNDERSTAND THE NORMAL PROCESS OF E-INVOICE GENERATION & AUTO-POPULATION IN GSTR-1 AND CANCELLATION.1. The Docum… Read More
Many small and medium businesses (SMEs) are faced with the challenge of managing their operations without going bankrupt.
Finding a solution with comprehensive features and a reasonable p… Read More
Implementation of eInvoicing system was authorized by the GST Council in September 2019. As a result, the new compliance reform made its entry in India after successful implementation in ove… Read More
Since the successful launch of five new IRP portals, the e-invoice master information portal, and the e-invoice QR Code Verifier app, GSTN is proud to announce the release of the upgraded e… Read More
Empowering Businesses: A Closer Look at Enhanced E-Invoicing Initiatives
GSTN marks the successful one-year milestone of its additional five new IRP portals, the e-invoice master information… Read More
e-Invoice, also known as ‘Electronic Invoicing’ is a system where all B2B bills are uploaded electronically and validated by a specified portal. IRP creates an unique Invoice Ref… Read More
LET'S UNDERSTAND THE PROCESS OF GST EINVOICE GENERATION,
AUTO-POPULATION AND CANCELLATION:
PROCESS OF E-INVOICE GENERATION AND
AUTO-POPULATION IN GSTR-1
LET’S
UNDERSTAND THE NORMAL P… Read More
GSTN recently introduced its user-friendly eInvoice verifier app for efficiently verifying invoices and ensuring a seamless experience for users.
The app validates the authenticity of the eI… Read More
Compulsory E-Invoicing for Businesses with Annual Turnover Surpassing 5 Crores
Starting 1st August 2023, businesses with an aggregate annual turnover exceeding Rs. 5 crores will have to mand… Read More
GSTR 1
1. Sec 37(3) permits to report/correct any error or omission by 30th Nov.
2. Recommended to keep the compliance date as 11th Nov and not 30th Nov since the values reported after 11th… Read More
An e-invoice is a digital document used to record a commercial transaction. These documents eliminate the need for paper invoices thus considered more efficient and secure.
The GST eInvoice… Read More
GST mechanism or Goods Service Tax in India aims to streamline & simplify the taxation system of India. Therefore, GST authority using various kinds of online or digital mechanisms. Almo… Read More
With amendments to the Goods and Services Tax (GST) Act, on August 1, businesses with an annual turnover of 5 crores need to issue an e-invoice. The change applies to businesses that reporte… Read More
e-invoicing aims to enhance transparency in financial transactions and streamline tax compliance. eInvoice applicability depends on the annual turnover of the business which needs to be elec… Read More
GST Department issues advisory on a time-to-time basis on various issues faced by the industries on GST related matters. Recently GST department has issued advisories on the following issues… Read More
Eliminating errors in financial operations is crucial for the success of any business. In this regard, e-invoicing has emerged as an effective solution for businesses to automate business pr… Read More
We have an exciting announcement. We are starting to roll out eInvoice Free to all our customers. This new functionality is designed to help you save time and money by sending invoices quick… Read More
GST eInvoice System eInvoice portal (from 1st April 2023) The 2nd Invoice Registration Portal (IRP) by National Informatics Centre (NIC) NIC is happy to introduce eInvoice2 portal. It is sec… Read More
E-invoice Latest News – The Central Board of Indirect Taxes (CBIC) has announced on May 10, 2023, as an amendment to Notification No. 13/2020 to reduce the eInvoicing turnover limit to… Read More
E-invoicing under GST w.e.f 1st October 2020 Registered Taxpayers ‘s Aggregate Turnover > Rs 500 crore
What is E-Invoicing?
E-Invoice to be issued in respect of the supply to… Read More
E-Invoicing known as ‘electronic invoicing’ is a system in which all B2B invoices are electronically uploaded and authenticated by the designated portal of GST. After success… Read More
New Delhi: In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under the goods and… Read More