The current threshold for e-invoicing is Rs 10 crore Mid-sized and expanding small businesses will be brought under the norms Threshold lowered gradually over the years Starting August 1, businesses ...
Generate E-invoice in GST: Micro units are currently out of the e-invoice purview. GST E-invoice, Steps to generate E-invoice under GST: The Central Board of Indirect Taxes and Customs (CBIC) under ...
The government is set to roll out GST or Goods and Services Tax from July 1. Amid concerns regarding new paperwork once GST kicks in, the Central Board of Excise and Customs has come out with a few ...
Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...
A proper GST invoice is critical to error-free return filing. Here’s everything you should know about how to go about preparing a GST compliant invoice, Come July 1, every seller registered under ...
In the ongoing nationwide drive against frauds involving fake GST invoices, the Directorate General of GST Intelligence (DGGI) and CGST Commissionerates have arrested 12 persons in a single day, ...
Fake GST Bill: For some time now, GST officials have been trying to stop GST fraud. According to the GST Council, most of the GST fraud in the country are done through fake invoice bills. Goods and ...
A fake GST bill is generated by scammers to dupe businessmen and customers, even without any actual supply of goods or services or GST payment. It is basically generated for various fraudulent reasons ...
India has detected 24,109 fake GST invoice cases in FY26 so far, with tax authorities flagging misuse of dormant pharma firms ...