Mandatory GST e-invoicing for taxpayers exceeds threshold limit of INR 5 crore

Mandatory GST e-invoicing for taxpayers exceeds threshold limit of INR 5 crore The Central Board of Indirect Taxes and Customs (CBIC) has released Notification No. 10/2023 - Central Tax, dated May 10, 2023, introducing a new turnover limit of INR…

 Can an e-invoice be cancelled partially/fully?

Can an e-invoice be cancelled partially/fully? The e-invoice system in India is a government initiative aimed at digitizing the invoicing process for businesses in the country. It was introduced in 2020 as part of the Goods and Services Tax (GST)…

 In which case is e-invoice mandatory?

                In which case is e-invoice mandatory? In India, e-invoicing is becoming popular as a way to streamline the invoicing process. E-invoice is an electronic system that allows companies to issue, receive, and…

Who is eligible for E-invoice?

Who is eligible for E-invoice? In India, E-invoice is a process of generating and exchanging invoices electronically between businesses and the government. The government has introduced the e-invoicing system as part of its Digital India initiative to reduce paperwork and…

How to Create an Invoice?

How to Create an Invoice? Creating, issuing and tracking invoices is an important part of doing business and essential for having steady cashflow into the business. Hence, it is important for all Entrepreneurs to know how to create an invoice…