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 ...
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 ...
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) ...
PETALING JAYA: With two days to go, most of the 5,000 companies under Phase 1 of the e-invoicing rollout are raring to go and looking at a smooth takeoff, say stakeholders. Associated Chinese Chambers ...
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 ...
The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21, is ...
https://www.thehindubusinessline.com/economy/e-way-bills-without-e-invoice-details-for-b2b-b2e-transactions-to-be-blocked-from-march-1/article67715644.ece Copy ...
The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid notices on flimsy grounds. The board will release instructions to field ...