Around 69.5 lakh Invoice Reference Numbers (IRN)s have been generated by 71,000 users in the first week of implementation of goods and services tax (GST) e-invoicing system. 2- On the first day of the ...
After the introduction of e-Invoicing, many businesses aligned themselves with the e-Invoicing system. Majority of the businesses use custom ERP software solution to manage their sales and purchase ...
As per the new advisory, the time frame of generating e-invoices for businesses with PAN-based Aggregate Annual Turnover (AATO) of Rs 100 crore has been revised. The latest move by the GST Authority ...
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 ...
Recently, the government announced implementing the fifth phase of e-invoicing to taxpayers with annual turnover of more than Rs 10 crore to Rs 20 crore. This phase shall begin on October 1, 2022, and ...
The GST e-invoicing will likely be mandatory for firms with a turnover of over Rs 5 crore from January 1, 2023, down from the current threshold of Rs 20 crore to further plug leakages, ensure better ...
No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for companies with an annual turnover of over Rs 500 crore ...
In the third phase, firms with a turnover of over Rs 50 crore had to generate e-invoices from April 1, 2021. The goods and services tax (GST) e-invoicing will be mandatory for firms with a turnover of ...
Nizom Sairi says LHDN’s e-invoicing system will help the government achieve its 2024 tax collection target of RM185 billion. (Bernama pic) The implementation of the electronic invoicing (e-invoicing) ...
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