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 ...
As per the new advisory, the time frame of generating e-invoices for businesses with PAN-based Aggregate Annual Turnover (AATO) of Rs 100 crore has been revised. The latest move by the GST Authority ...
The Story so far: The GST Council of India approved and rolled out the ‘e-invoicing’ or ‘electronic invoicing’ eco-system in a phased manner for reporting of business-to-business (B2B) invoices to GST ...
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 ...
From Rs 500 crore to 5 crore, this is the sixth and most significant phase of lowering of e-invoicing threshold in Goods and Services Tax (GST). Tech infrastructure could soon be a pain point for ...
Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of ...
The micro, small and medium enterprises (MSME) sector holds significant importance in the Indian economy, contributing 30% to the country's GDP. This week, the central government made various ...
Starting August 1, 2023, e-invoicing will become a mandatory requirement for businesses with an aggregate turnover of Rs 5 crore or more, as per the Goods and Services Tax (GST) regulations. The ...