Advisory on New e-Invoice Portal
25/02/2023 Dear Valued Taxpayers, 1. We would like to inform you that GSTN has onboarded four new IRPs (Invoice Reporting…
Category: E-Invoicing
Updates in validations of e-invoice
With reference to the circular https://cbicgst.gov.in/pdf/circular184.pdf a new validation has been incorporated. The list of items should have only the items with HSNs belonging to 9965 and 9968
GST FAQs on e-Invoice System has released
IRP has released Updated Frequently Asked Questions (“FAQs”) related to e-Invoicing. 1. Whether e-Invoice is required for Export of Services?Ans.…
E-invoicing for turnover above Rs.5 crores
Businesses with annual turnover of over Rs.5 crore will have to move to e-invoicing under goods and services tax (GST)…
Single sign-on (SSO) functionality has been enabled for e-Invoice and e-Waybill
The Single sign-on (“SSO”) functionality has been enabled for e-Invoice and e-Waybill. The SSO is a facility by which the…
Oct 1 deadline for compulsory e-invoice generation nears for firms with Rs 10 crore turnover
Businesses having aggregate annual turnover of Rs 10 crore and more will have to compulsorily generate e-invoices for business-to-business (B2B)…
Who are liable to generate e-invoice w.e.f October 1, 2022
The GST Council, in its 37th meeting held on 20.09.2019, has recommended introduction of electronic invoice (‘e-invoice’) in GST in…
E-invoicing limit reduces to 10 cr from existing limit of 20 cr w.e.f. Oct 01, 2022
CBIC issued Notification No. 17/2022–Central Tax dated August 01, 2022 to amend Notification No. 13/2020 – Central Tax, dated March…
E-invoice for tax payers with turnover above Rs. 5 Cr Sandbox testing enabled
Tax payers with turnover above Rs. 5 Cr are enabled for testing on Sandbox. In this regard, IRP has sent…
No proposal to relax e-invoicing under GST regime says Finance Minister
The state government has formed an audit section to reshuffle GST department and thereby prevent tax evasion. The Cabinet meeting…