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Generate E- Invoice under GST: Enterprises with more than Rs 5 crore turnover, from earlier Rs 10 crore, in any financial year will have to generate e-invoice for business-to-business (B2B ...
India Business News: NEW DELHI: GST officers are working on a system where businesses above a certain turnover threshold will have to generate 'e-invoice' on government or.
What is GST e-invoice system? It is the digital invoice for goods and services by businesses, usually generated on the government regulated (Invoice Registration Portal) IRP.
E-invoice generation method will be similar to the one being followed for e-way bill on the 'ewaybill.nic.in' portal or payment of Goods and Services Tax on the GSTN portal.
While the private e-invoice portals will have to mandatorily provide free e-invoice registration service to businesses, they may be allowed to provide additional services to clients for a charge.
New Delhi: GST officers are working on a system where businesses above a certain turnover threshold will have to generate 'e-invoice' on government or GST portal for every sale, thereby ...
IRIS Business Services on Monday declared its GST E-Invoice Registration Portal live. The portal is authorised to authenticate B2B and export invoices, along with credit/ debit notes. E-Invoicing ...
With this, more suppliers would be required to raise e-invoices with effect from April 1, 2022. If the invoice is not valid, input tax credit on the same cannot be availed by the recipient beside ...
GSTN, in it's advisory, said that the GST portal will automatically reject the e-invoice if it is being uploaded after 30 days from the date of generation of the invoice.
GST officers are working on a system where businesses above a certain turnover threshold will have to generate ‘e-invoice’ on government or GST portal for every sale, thereby effectively ...