First, you have to know what is a fake invoice GST. Any bill generated without any transaction is a Fake GST bill. It is created for money laundering, GST evasion, fake purchases, etc. It is illegal and punishable. Hence, you have to follow a few steps to identify a fake invoice. Ho...
Electronic Way Bill (E-Way Bill)is a unique bill/document that is generated electronically for the particular movement/consignment of goods from one place to another. This movement is either interstate or intrastate and of value more than INR 50,000, required under the currentGSTregime. A singl...
Under this mechanism, before the movement of goods is started, the person who is causing it uses a digital interface to upload the relevant information. That person then generates the E-Way bill on the Goods and Services Tax (GST) portal to document the movement of goods. The E-Way bill...
Considering the stringent measures in place against non-compliance, the possibility of customers not making the payment and the impact to reputation and trust makes such compliances under GST very important. Due to the nature of activity for retail trade, the immediate readiness and seamless integrat...
specially interested in triangular transactions. My query is that in triangular transactions the Bill of Lading can be changed once the consignment reaches the agent from the supplier before sending the consignment to the consignee. Is it possible to change the country of origin of the goods as ...
Under this mechanism, before the movement of goods is started, the person who is causing it uses a digital interface to upload the relevant information. That person then generates the E-Way bill on the Goods and Services Tax (GST) portal to document the movement of goods. The E-Way bill...