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...
1. Applicability of Dynamic Quick Response Code (QR) Dynamic Quick Response Code QR is applicable whose aggregate turnover exceeds Rs 500 crores rupees in any of the financial year from 2017-18 onwards. Exclusions: – Supplier of taxable services i. An insurer or a banking company or financial institution, a non- banking financial company. ii. A goods transport […]
Bacardi India (P) Ltd. vs. Commissioner State Tax (Joint Commissioner (Appeal), State Tax, Haldani); Appeal Number: 24/2020; Date of Decision: 21/11/2020 Uttarakhand GST Appellate authority sets aside penalty order under section 129 for minor error in e waybill. In the E way bill Invoice Number was mentioned instead of Bill of Entry number. Joint Commissioner […]
On 30th July 2020 the Central Board of Indirect Taxes and Customs (CBIC) released a notification and introduced the “Schema for E-Invoice” for imposing the e-invoicing. It will be implemented from 01st October 2020, only for entities whose business having a annual turn over of ₹500 Cr. What is E-Invoicing? E-Invoicing or Electronic Invoicing is […]
(Notification 14/2020- Central Tax dated 21st March 2020; Clarifications issued vide Circular No. 156 dated 21st June 2021; Notification No. 28/2021-Central Tax dated 30 June 2021) Dynamic QR Code -Dynamic QR Code on B2C invoice issued by taxpayers having aggregate turnover more than 500 crore rupees, w.e.f. 01.12.2020 -Penalty has been waived for non-compliance of […]
Dynamic QR Code for B2C Transactions: B2C transaction means all the supplies made to unregistered person or consumers. B2C invoices are those invoices where the end user will not be claiming input tax credit. E-invoicing refers to a method of processing invoices in an electronic format and on a united platform between buyers and suppliers. […]
CBIC vide Notification No 28/2021 dated 30.06.2021 extends applicability of B2C dynamic QR code provisions to 30.09.2021 instead of from July 1,2021. Ministry Of Finance (Department of Revenue) (Central Board Of Indirect Taxes And Customs) New Delhi Notification No. 28/2021-Central Tax | Dated: 30th June, 2021 G.S.R. 450(E).—In exercise of the powers conferred by section […]
Quick Response (QR) code on B2C Invoice Particulars of Invoice : Source of Quick Response (QR) code Rule 46 of CGST Rule 2017, prescribed the particulars and details to be incorporated in the Tax Invoice such as name, address and Goods and Services Tax Identification Number of the supplier etc. Vide N/No. 31/2019 – CT […]
1.0 Background: All supplies made to unregistered persons or consumers are referred to as B2C transactions. B2C invoices are those invoices where the end-user will not be claiming input tax credit (ITC). CBIC vide Notification No. 14/2020-Central Tax directs all taxpayers with an annual turnover of more than Rs.500 crore in any preceding financial year […]
The Government vide the Notification No 14/2020 – Central Tax dated 21st March 2020 made it mandatory for taxpayers with aggregate turnover exceeding INR 500 crores to mention Dynamic QR code on B2C invoices. However, the Government vide Notification No 6/2020 – Central Tax dated 30th March 2021 waived off the penalty for non-compliance with […]
CBIC clarifies on applicability of Dynamic Quick Response (QR) Code on B2C (Registered person to Customer) invoices and compliance of notification 14/2020-Central Tax, dated 21st March, 2020 as amended vide Circular no. 156/12/2021-GST Dated 21st June, 2021. Circular no. 156/12/2021-GST CBEC-20/16/38/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes […]
