Web1 day ago · Currently, businesses with turnover of Rs 10 crore and above are required to generate electronic invoice for all B2B transactions. Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2024, which was then … WebDec 8, 2024 · The sixth phase was planned to be made applicable to businesses with an e invoice turnover limit of more than Rs.5 crore up to Rs.10 crore in any preceding financial years from 2024-18 up to 2024-22. Read on to understand entirely how the sixth phase …
GST (Tax) E-invoice Must For Businesses With Over Rs 5 Crore …
Web1 day ago · Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2024, which was then extended to those with turnover of over Rs 100 crore effective January 1, 2024. WebDec 25, 2024 · E-invoices must for businesses with over Rs 5 crore turnover a year An official said the target is to bring all businesses with turnover above ₹1 crore under this framework by next fiscal year, which will further plug revenue leakages and improve compliance. 13 Oct, 2024, 09:43 AM IST SBI acquires 100% stake in SBI Global Factors saints row microsoft store
e invoice: E-invoices must for businesses with over Rs 5 crore turn…
WebMar 18, 2024 · Taxpayers had the option to generate e-invoices in real-time or even after a few days or weeks. However, now there is a new restriction; a seven-day time limit for reporting invoices to the IRP. The time limit will apply to e-invoicing-eligible businesses with a turnover of Rs.100 crore or more from 1st May 2024. 14 Apr, 2024, 12:13 PM IST. Web1 day ago · Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2024, which... WebSep 25, 2024 · E-invoicing for businesses with aggregate turnover exceeding ₹5 crore will be mandatory from next year. At present, the threshold is ₹20 crore, which is going to come down to ₹10 crore from ... saints row mod 2022