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 ...
The National Informatic Centre (NIC) on Wednesday withdrew its circular related with blocking the generation of e-way bill without e-Invoice/IRN. The said notification was to come into effect from ...
Optionally implemented from the 1st of January this year, e-invoicing is a new system wherein tax invoices will be electronically validated before being sent to the buyer. The issue of e-invoices is ...
Suppose a a registered person has issued an invoice dated October 3 without obtaining IRN but reports the details of such invoice to IRP and obtains the IRN of the invoice on or before November 2, ...
e-Invoicing under GST has been implemented on large enterprises that have an annual aggregated turnover of INR 500 Crores and more, back in October 2020. As per the Government Notifications ...
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 ...
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 ...
According to the new system of e-invoicing, taxpayers will continue to issue invoices on their own accounting and ERP systems. These invoices will need to follow the prescribed schema issued by the ...