Equipping Modern Enterprises with Powerful GST & E-Way Bill Solutions
Despite considerable advancement in technology, paper invoices still seem to have a foothold within businesses, large and small. While former requiring physical copy of invoice because of antiquated practices waiting to be reconsidered by management, for latter, it might mean staying out of tax net.[1] Some businesses, especially the smaller ones, are okay with an image … Read moreBrief Introduction to E-Invoicing
For reporting B2B invoices to the GST System, the GST Council has proposed e-invoicing in a phased manner from January 2020. e-Invoicing standards has also been curated with the help of trade/industry bodies along with ICAI. Standard will ensure that e-invoices generated by one software can be read by another software, thus eliminating the data … Read moreProposed e-Invoicing System
As per the recent Union Budget announced by Mrs Nirmala Sitharaman, e-invoicing will be introduced in 2020 and there will be no need to generate a separate e-way bill. In this article we will discuss e-invoicing under GST in brief: Why e-way bill was introduced? The e-way bill was introduced by the Government of India … Read more5 things you should know about e-Invoicing under GST
Indian economy drastically changed after the introduction of GST, this, in turn, brought reform in Indian indirect system. The GST council is planning to introduce electronic invoicing under goods and services tax so as to bring more transformation under GST and to modernize the business conducts. If India adopts the e-invoicing system, then all the … Read moree-Invoicing under GST May Soon Become a Reality