Goods and Services Tax : This article clarifies when e-invoicing is mandatory for export supplies under GST. It explains that only taxable exports require ...
Goods and Services Tax : GST E-Invoicing is mandatory for businesses with over Rs.5 Cr turnover, digitizing B2B/Export supplies to curb evasion. Learn gene...
Goods and Services Tax : GST's new Invoice Management System (IMS) aims to prevent fraudulent tax claims by moving from reactive reconciliation to a real-t...
Goods and Services Tax : Guide to India's e-invoice system: covering IRN generation methods, taxpayer enablement, login procedures, QR code verification, s...
Goods and Services Tax : Understand the impact of GSTR-1 amendments on E-Invoicing and E-Way Bills in India's GST ecosystem. Learn how to ensure compliance...
Goods and Services Tax : Explore the interoperable services of E-Invoice1 and E-Invoice2 systems, boosting efficiency and reliability for taxpayers. Learn ...
Goods and Services Tax : Discover the latest API updates for E-Invoice and E-Way Bill systems, including interoperable services and new error codes for sea...
Goods and Services Tax : Explore the integration of E-Waybill services with four new IRP portals by GSTN. Learn how taxpayers can now generate E-Waybills a...
Goods and Services Tax : Important update from NIC: E-Way Bills for B2B and B2E transactions require mandatory e-Invoice link for e-invoice enabled taxpaye...
Goods and Services Tax : Explore the seamless implementation of the E-Invoice System for GST compliance. Learn the procedures, modes, and detailed steps fo...
Goods and Services Tax : Discover the Allahabad High Court's ruling on Nancy Trading Company Vs State of U.P. And 3 Others, stating that not generating an ...
Goods and Services Tax : Madras High Court quashes penalty for non-generation of e-invoice when turnover was rectified below 5cr in GSTR-9. Learn the impli...
Goods and Services Tax : Delhi High Court grants refund for Input Tax Credit (ITC) rejected under GST. Explore the case of Star Publishers Distributors Vs ...
Goods and Services Tax : J. K. Jain Buildtech India Pvt. Ltd. Vs Assistant Commissioner (Calcutta High Court) The principal ground on which the petitioner ...
Goods and Services Tax : Where the implication of a person was for a non-bailable offence, he could apply for anticipatory bail. If the applicant cooperate...
Goods and Services Tax : A new facility in Invoice Management System (IMS) has been introduced on GST portal wherein taxpayers are allowed to keep credit n...
Goods and Services Tax : GSTN enables invoice-wise TDS reporting in Form GSTR-7 starting with the September 2025 return period, with a filing deadline of O...
Goods and Services Tax : GSTN's new advisory introduces changes to the Invoice Management System, including an option to keep credit notes pending and a fa...
DGFT : DGFT proposes mandatory GST e-invoices for deemed export benefits. Stakeholders can submit comments by April 2025 for consideratio...
Goods and Services Tax : GSTN advises taxpayers to enable alternate mechanisms for e-Invoice and e-Waybill systems using multiple portals and APIs to ensur...
Doubt arises whether the relaxation from the requirement of dynamic QR code on the invoices would be available to such supplier, who receives payments from the recipient located outside India through RBI approved modes of payment, but not in foreign exchange.
Extract of relevant provisions Section 13 of CGST Act, 2017, Time of supply of services. (1) The liability to pay tax on services shall arise at the time of supply, as determined in accordance with the provisions of this section. (2) The time of supply of services shall be the earliest of the following dates, […]
ATTENTION USERS : E-WAY BILL & E-INVOICE DOWNTIME 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 […]
1. Availment of ITC in respect of Debit Notes Amendment in Section 16(4): – From 01st Jan 2021, registered tax payer shall not be entitled to take input tax credit in respect of any tax invoices or debit note issued for the supply of goods or services or both after the date of furnishing of […]
The Secretary, GST Council at 35th Meeting held on 21st June, 2019 presented the agenda item regarding generation of e-invoice before the Council. Considering the benefits of e-invoicing Council approved, to launch a pilot project on voluntary basis for online generation of B2B e-invoices from January 2020.
The e-invoicing was introduced on 1st October 2020, for tax payers with an aggregate turnover exceeding Rs. 500 crore. This was also extended on businesses from 1st January 2021 whose aggregate turnover is exceeding Rs. 100 crore. The CBIC also informed that e-invoicing will also applicable for businesses with total turnover ranging between Rs. 50 […]
[Ref:Circular No. 160/16/2021-GST, dated 20th September, 2021] In exercise of its powers conferred by Section 168(1) of the Central Goods and Services Tax Act, 2017 ( CGST Act), CBIC has clarified, vide Circular No. 160/16/2021-GST, dated 20th September, 2021 in respect of carrying a physical copy of invoice during movement of goods in cases where invoice has […]
Introduction On historic day of 1st July 2017, GST was introduced by pressing the bell by then President and Finance Minister, the person who plays key role even in roots of GST honorable Late Shri Pranab Mukherjee, along with the prime minister of India. The very basis of GST was to remove the cascading effect […]
Whether carrying physical copy of invoice is compulsory during movement of goods in cases where suppliers have issued invoices in the manner prescribed under rule 48 (4) of the CGST Rules, 2017 (i.e. in cases of e-invoice).
Default in timely issuance of tax invoice, consequences (interest, penalty, prosecution), Compounding and Corrective measures Please find below write up around ‘Default in timely issuance of tax invoice, consequences (interest, penalty, prosecution), compounding and corrective measures’ for your kind perusal: Brief background: GST law is very specific and settled in terms of issuance of tax […]
