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 current threshold for e-invoicing is Rs 10 crore Mid-sized and expanding small businesses will be brought under the norms Threshold lowered gradually over the years Starting August 1, businesses ...

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 ...

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 ...

E-invoice, also known as an electronic invoice, is a digital document that is used to record a commercial transaction. The invoices are sent and received electronically and eliminating the need for ...

Nizom Sairi says LHDN’s e-invoicing system will help the government achieve its 2024 tax collection target of RM185 billion. (Bernama pic) The implementation of the electronic invoicing (e-invoicing) ...

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 ...

PETALING JAYA: The government should reconsider electronic invoicing (e-invoicing) as the proper mechanism is not in place to meet the deadlines set for its implementation, says Datuk Seri Dr Wee Ka ...

KUALA LUMPUR: The implementation of the electronic invoicing system (e-invoicing) will bode well should the government opt to reinstate the Goods and Services Tax (GST), and simultaneously, assist it ...