New Delhi: Just five days before the Goods and Services Tax (GST) is rolled out, the GST-Network (GSTN) will on 25 June launch an offline excel sheet format for use by traders and businesses to upload ...

As per the GST law, a return of all sales or trade made in a month have to be filed online by the 10th of the following month. The Goods and Services Tax Network (GSTN) has launched an offline ...

The invoice upload utility on GSTN will allow businesses to upload GST returns on a daily or weekly basis to avoid month-end rush, says GST Network chairman Navin Kumar ...

Generate E-invoice in GST: Micro units are currently out of the e-invoice purview. GST E-invoice, Steps to generate E-invoice under GST: The Central Board of Indirect Taxes and Customs (CBIC) under ...

The government is set to roll out GST or Goods and Services Tax from July 1. Amid concerns regarding new paperwork once GST kicks in, the Central Board of Excise and Customs has come out with a few ...

The Story so far: The GST Council of India approved and rolled out the ‘e-invoicing’ or ‘electronic invoicing’ eco-system in a phased manner for reporting of business-to-business (B2B) invoices to GST ...

E-invoicing is already under implementation in phases. It will be mandatory for all from the next financial year as part of the government’s ongoing efforts towards ‘Ease of Doing Business’ and ...

According to the new system of e-invoicing, taxpayers will continue to issue invoices on their own accounting and ERP systems. These invoices will need to follow the prescribed schema issued by the ...

When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...

From April 1 last year, companies with turnover of more than Rs 50 crore were generating B2B e-invoices. This is now being extended to companies with turnover of over Rs 20 crore. With this, more ...