Recently, the government announced implementing the fifth phase of e-invoicing to taxpayers with annual turnover of more than Rs 10 crore to Rs 20 crore. This phase shall begin on October 1, 2022, and ...

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 ...

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 ...

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 ...

In the third phase, firms with a turnover of over Rs 50 crore had to generate e-invoices from April 1, 2021. The goods and services tax (GST) e-invoicing will be mandatory for firms with a turnover of ...

Starting April 1, 2025, businesses with an Annual Aggregate Turnover (AATO) of INR 10 crore or more must upload GST e-invoices to the Invoice Registration Portal (IRP) within 30 days of issuance.

https://www.thehindubusinessline.com/economy/gst-assesses-with-turnover-between-5-10-crore-must-prepare-for-e-invoice-system-transition/article66979401.ece Copy GST ...

India has no proposal to relax the mandatory provisions of e-invoicing under the goods and services tax regime, according to a parliamentary response by the finance minister. “At present, there is no ...

https://www.thehindubusinessline.com/economy/iris-gst-e-invoice-registration-portal-goes-live/article66586793.ece Copy IRIS Business Services on Monday declared its ...

If an invoice is not registered on the IRP, then such an invoice would not be treated as a valid tax invoice for all GST related matters and would attract a penalty of ₹10,000 for each instance of non ...