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 ...
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 ...
Indore: Delay in the auto population of e-invoicing in the excel format for March on the GST portal has hampered the process of return filing by tax payers, claimed tax practitioners urging the state ...
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 ...
The GST Network is preparing to implement e-invoicing for B2C transactions, with the design architecture nearly complete. A pilot project will be launched, initially targeting large retailers and ...
The significance of SaaS in GST was highlighted in December 2023, when 4,153 bogus firms suspected of ITC evasion totaling approximately INR 12,036 Cr were detected The spirit of digital ...
KARACHI: Karachi Tax Bar Association (KTBA) has formally requested the Federal Board of Revenue (FBR) to allow a three-month extension for sales tax e-invoicing and its integration with the portal. In ...
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 ...