Goods and Services Tax : Learn the mandatory details for a tax invoice under Rule 46 of CGST, including GSTIN, invoice number, HSN/SAC codes, tax rates, an...
Goods and Services Tax : Understand e-invoicing under GST: turnover criteria, exceptions, applicable transactions, document types, and supply nature. Ensur...
Goods and Services Tax : Allahabad HC rules no penalty if goods in transit have valid tax invoice and e-way bill, despite owner’s GST registration suspen...
Goods and Services Tax : GST's IMS now includes a Supplier View, enabling suppliers to track actions taken on their invoices. Updates on GSTR-2B are availa...
Goods and Services Tax : जीएसटीएन द्वारा जारी एडवाइजरी में इनवॉइस मैनेजम...
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 : GSTN advises taxpayers to enable alternate mechanisms for e-Invoice and e-Waybill systems using multiple portals and APIs to ensur...
Goods and Services Tax : GSTN issues advisory on the new Invoice Management System (IMS) for accepting or rejecting supplier invoices, impacting GSTR-2B an...
Goods and Services Tax : Learn about the latest FAQs on the Invoice Management System (IMS), including GSTR-2B actions, ITC, credit notes, and return filin...
Goods and Services Tax : The new GST Invoice Management System (IMS) simplifies invoice handling for taxpayers. Accept, reject, or defer invoices and manag...
Goods and Services Tax : GST introduces Invoice Management System (IMS) from October 2024, enabling taxpayers to manage and rectify invoices for accurate I...
Notification No. 68/2019-Central Tax ,dt. 13-12-2019 The provisions of Manner of Issue of issuing Invoice as per Rule 48 has been amended to facilitate the issue of IRN with insertion of Sub Rule (4). Taxpayers with an annual turnover of Rs 100 Crores in a financial year does not issue an e-invoice, It will not […]
In the month of December 2019, CBIC issued various notifications on 13.12.2019 w.r.t. E-invoice & QR code applicability. These Notifications specifies from when E-Invoices are applicable, On What conditions they are applicable, to whom they are applicable and also amend CGST Rules related to E-invoice and QR Code applicability. Please find hereinbelow the summary of […]
CBIC have issued five Central Tax notifications on 13.12.2019 i.e. Notification no. 68/2019 –Central Tax to Notification no. 72/2019 –Central Tax Gist of these notifications: 1. E-invoicing facility will effective from 1st January, 2020 on optional basis. 2. In case of B2B supplies made by the registered person, whose aggregate turnover in a financial year […]
Govt. issued notifications Notification No. 68/2019–Central Tax, to 72/2019 dated 13th December, 2019, which are related to E-Invoicing under GST. Summary of all these notifications is as mentioned below- GST Update 13/12/2019 (E-Invoice) 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 […]
CBIC on 13th December 2019 made some changes in the procedure of issuing invoices by some registered person. To make these changes CBIC issued five Central Tax notifications on 13.12.2019. Gist of these notifications is as follows:
An invoice issued by a registered person, whose aggregate turnover in a financial year exceeds five hundred crore rupees, to an unregistered person (hereinafter referred to as B2C invoice), shall have Quick Response (QR)code:
Government, on the recommendations of the GST Council, hereby appoints the 1st day of April, 2020, as the date from which the provisions of the rule 46 of CGST Rules, 2017 (Tax Invoice), shall come into force.
Seeks to notify the class of registered person required to issue e-invoice. Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 70/2019–Central Tax New Delhi, the 13th December, 2019 G.S.R. 926(E).— In exercise of the powers conferred by sub-rule (4) to rule 48 of the Central […]
CBIC notifies the following as the Common Goods and Services Tax Electronic Portal for the purpose of preparation of the invoice in terms of sub-rule(4) of rule 48 of the aforesaid rules,
The invoice shall be prepared by such class of registered persons as may be notified by the Government, on the recommendations of the Council, by including such particulars contained in FORM GST INV-01 after obtaining an Invoice Reference Number by uploading information contained therein on the Common Goods and Services Tax Electronic Portal in such manner and subject to such conditions and restrictions as may be specified in the notification.
