Government has issued information regarding Blocking generation of e-way bill without e-Invoice/IRN details for B2B and B2E transactions for e-invoice enabled tax payers on 05-01-2024. E-Invoice has been operationalized since October 2020 for the taxpayers with Annual Aggregate Turn Over (AATO) above Rs. 500 Crores and eventually in a phased manner, E-Invoice generation is made … Read more
The concept of GST E-Invoice has been introduced by Government to make all invoice in digital form and for ease to access in 2019 by the Notification No.70/2019 – Central Tax dated 13-12-2019. Afterwards such notification was rescinded and Notification No.13/2020-central tax dated 21-03-2020 has come. By this notification provision of E -Invoicing will be … Read more
Government has issued GST Advisory of Time limit for reporting e-invoice on IRP portal on 13-04-2023. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. To … Read more
The CBIC notified the reduction in the applicability of GST E-invoicing threshold from 10 Crores to Rs 5 Crores with effect from 1st August, 2023. E-Invoicing will be mandatory for registered persons whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds five crore rupees in respect of supply of goods or services … Read more