Equipping Modern Enterprises with Powerful GST & E-Way Bill Solutions
As per the last GST Council Meet, the council member collectively decided that the e-invoicing system under the new GST Return will be implemented from January 2020. However, there is a limit of aggregate turnover on which it will be applicable. So, in this article we will discuss all e-invoicing system implementation under New GST … Read moreE-invoicing System under New GST Return
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