Introducing the Goods and Services Tax (GST) in India has created several compliance mechanisms, including the E-Way Bill. It is an important digital document that is necessary for vehicles carrying goods. Transporters must carry an E-Way Bill to move goods under specific circumstances. ...
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...
With GST around the corner, it is extremely critical for businesses to start invoicing under GST mode, and not face any roadblocks, as they usher in the new age. Businesses will need to ensure that the GST transaction invoices are passed with the requisite details, which will later enable ...
Yes, you can. If you are a transporter not registered under GST, you need to enrol on the e-way bill portal to generate e-way bills. During enrollment, you will receive a Transporter ID. You will need this ID, along with a tax invoice, bill of sale, or delivery challan, and the ...
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. ...
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...
Step 1:Navigate to Purchases > Bills > click Add New Button > select Expense Bill in the Right Corner. Step 2:You will be directed to create a new expense bill screen, and you are required to fill in the required fields of the contacts by clicking on Add Contact Button. ...
TallyPrime is a complete business management software to manage your business easily, faster, and efficiently. Access to complete features, from billing to insightful reports. Accounting and Billing | Inventory Management | Insightful Business reports | GST Returns and reconciliation | Connected e-invoic...
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 ...
Published by CA Akshay Hiregange (Partner - Audit & Assistance) CategoryGSTReport Other Articles CommentShare 1 Likes12779 Views Comments Be the first to leave a comment. Your are not logged in . Please login to post comments. Click here to Login / Register...