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 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 ...

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 ...

It’s been five years since GST was implemented in India and almost two years since the e-invoicing system was introduced. A lot has changed since then. While GST subsumed all indirect taxes and paved ...

The current threshold for e-invoicing is Rs 10 crore Mid-sized and expanding small businesses will be brought under the norms Threshold lowered gradually over the years Starting August 1, businesses ...

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 ...

Initially from October 1, 2020, e-invoicing was mandatory for businesses with an annual turnover of Rs 500 crore. (IE) The finance ministry has decided to lower the threshold for mandatory e-invoicing ...

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 ...

https://www.thehindubusinessline.com/economy/gst-finmin-lowers-e-invoicing-threshold-to-5-crore-from-august-1/article66837529.ece Copy The Finance Ministry has issued ...