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"Every eligible business must follow the steps given above strictly to avoid penal consequences." "An electronic invoice or e-invoice is a tax invoice declared by a GST-registered business with the ...
The e-invoicing system has been implemented by the Government w.e.f. October 1. Read more about the system, benefits, steps to generate e-invoice and the difference between the existing and the ...
"B2C is the second chapter. In B2B, we see lot of fake invoices, which is a challenge to increase the GST collection," he added. The Goods and Service Tax Network (GSTN) recently released a detailed ...
New Delhi, June 14: The Goods and Service Tax (GST), a sweeping tax reform is set to be rolled out as scheduled on 1 July. With a view to pave the way for stimulating demand and strengthening the ...
N K Gupta, chairman (indirect taxes committee) of PHD Chamber, said e-invoicing is the new system through which business-to-business (B2B) transactions are authenticated electronically by GSTN. N K ...
The 'limited' implementation of e-invoicing system may not serve the purpose for which it is being implemented, feel experts. The government has decided to go ahead with the implementation of ...
While the road to GST was bumpy, it was by international comparison very quick. While the GST council is all set to bring in a new feature of e-invoicing to enable machines to read electronic invoices ...