E-INVOICE

How To Check Eligibility For E-invoicing Under GST

How To Check Eligibility For E-invoicing Under GST

As per the Notification No. 01/2022- Central Tax Dated 24.02.2022, e-Invoicing is mandatory for the taxpayers with annual turnover more than Rs.20 crores from 1st April 2022. The taxpayer can check his eligibility of e-Invoicing by Clicking Here The taxpayer can go to Help section in e-invoice portal for further details. Let us tell you that the …

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Latest GST News, Information, Notifications & Announcements [Period 28/02/22 to 06/03/22]

GSTN Issues Advisory On Auto- Population Of E-invoice Details Into GSTR-1

GSTN portal has posted an update that: Generation of e-invoice is mandatory for certain class of taxpayers, as notified by the Government. These taxpayers are required to prepare & issue their e-invoices by reporting their invoice data in the prescribed format (e-invoice schema in FORM GST INV-01) and reporting the same on the Invoice Registration Portal (IRP). …

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CBIC Issues Big Update On E-Invoice Under GST

CBIC Issues Big Update On E-Invoice Under GST

Vide Notification No. 01/2022- Central Tax, Dated 24th February 2022, the CBIC has reduced the applicability of e-invoice. Now, e-invoice requirements will be applicable to taxpayers whose aggregate turnover above Rs. 20 crore in any of the previous years from 2017-18 till 2021-22. Copy of Notification attached:

CGST arrests authorized person of firm for claiming Input Tax Credit against fake invoices

CGST Navi Mumbai arrests authorized person of firm for claiming Input Tax Credit against fake invoices Firm avails Rs. 5 Crore fictitious Input Tax Credit; accused arrested, sent on judicial custodyPosted Date:- Dec 30, 2021 Central Goods and Services Tax (CGST), Navi Mumbai arrested the authorized person of M/s. G. S. Steel, for having availed …

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Attention: E-way Bill Portal and E-Invoice Portal will Not be Available on This Date. Make Necessary Arrangements

Attention: E-way Bill Portal and E-Invoice Portal will Not be Available on This Date. Make Necessary Arrangements

E-way Bill Portal has posted an update that: This is to inform to all E Way Bill & E Invoice users that downtime of all the E Way Bill & E Invoice operations (for all modes – Web, API, Bulk, Mobile & SMS) is scheduled between 11:00 PM on 2nd October 2021 to 7:00 AM …

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GST

GST: Suggested Declaration from the Suppliers Who are Not Following E-invoicing to Avoid Disallowance of Input Tax Credit

As you are kindly aware that E-Invoicing has been implemented in India in a phase manner applicable to all taxpayers (except certain persons exempted) having aggregative turnover exceeding specified limit in any of the preceding F.Y. from F.Y. 2017-18 onwards: * Exceeding INR 500 Crores. – W.e.f. 1st October 2020  * Exceeding INR 100 Crores. …

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B2C QR code extended by 3 months

GST Update: GSTN is Organising Webinar on E-Invoicing under GST

The Government had earlier mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 500 Cr. from 1st Oct., 2020 and for taxpayers with aggregate turnover exceeding Rs. 100 Cr. from 1st Jan., 2021. From 1st April, 2021, Government has mandated e-invoicing for taxpayers with aggregate turnover exceeding Rs. 50 Cr. (in any preceding financial …

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Auto-population of E-invoice Details into GSTR-1

Auto-population of E-invoice Details into GSTR-1 GSTN has informed on 13th November 2020 that E-invoice details will be auto-populated in GSTR-1. The full text is as follows : Certain notified taxpayers have to prepare and issue their invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Upon successful …

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JUST IN : GST COUNCIL TO DEFER NEW RETURNS, E-INVOICING & TO EXTEND DUE DATE FOR JAN, 2020 GSTR-3B

> Centre proposes to extend GSTR-3B facility till Sept, 2020. Council had decided to end GSTR-3B from April 2020 & shift to new return. > GST Council likely to extend deadline for filing of GSTR-3B for Jan, 2020 till 31st March, 2020. > Council to deliberate on clarity on levy of interest on delayed GST …

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ELECTRONIC INVOICING UNDER GST : SUMMARY OF 5 NEW NOTIFICATIONS

Govt. has issued notifications 68/2019 to 72/2019 – Central Tax, Dated 13th December, 2019, which are related to E-Invoicing under GST.  Summary of all these notifications is as mentioned below – Notification No. & Date of issue Subject Summary Notification No. 72/2019-Central Tax ,dt. 13-12-2019 Seeks to notify the class of registered person required to issue …

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ELECTRONIC INVOICING IN GST FROM 1st JANUARY, 2020

The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on a voluntary basis. Since there was no standard for e-invoice existing in the country, standard for the same has been finalized after consultation …

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