The most efficient way to generate invoices online is e-invoicing. It just automates the complete procedure and removes the requirement of the human. The seller generates the invoice and provides directly to the server of the purchaser. Through this step, the system of the purchaser is enabled...
1/Whether we are eligible for E Invoice? 2/ If yes, then what will be our Billing procedure? Actual we want to know which part of our business (GTA or Container Services Provider) is fall to make e invoice? Every Professional, lawyer are giving us different opinion. Sir We are totally...
This transaction is documented through the GST invoice and is an integral part of the GST system. Can we have two trade names with the same GST number? No, under GST, a single GST registration is generally associated with one legal name and one trade name (also known as a doing business...
A GST invoice is a receipt or a bill created by the seller of goods or services. Invoicing process under GST system in which B2B invoices are processed and authenticated via electronic means. There is a prescribed format of GST invoices accepted for the procedure. Other than tax invoices, the...
GST-registered businesses in India, at present, stand at 1.4 crore. Among these around 5 lakh businesses have included generating e-invoice practice in their billing procedure. The government only had one e-invoicing portal, so it was a big barrier in the way to get all the businesses under...
Let’s now understand the steps to generate the e-invoice. How to generate e-invoice? As illustrated above, the following are the detailed steps to generate an e-invoice in GST. Step -1 Creation of e-invoice JSON: The first step is to create the invoice JSON using the accounting softwar...
GSTN informs that NIC will launch integrated services for the e-invoice-1 and e-invoice-2 portals on July 18, 2024, in sandbox mode and on August 1, 2024, in production mode. The main updates are: Both portals offer web and API modes for e-invoice services. You can use the same lo...
GST E- Invoice Implementation GST Electronic Invoice implementation support to business organisation GST Litigation Management GST Guide provides complete support in GST Litigation Management GST Advisory and Consulting GST going to have big impact on business in India . GST Guide provide all kind of su...
How will e-invoicing help? The procedure of producing and uploading invoice details will stay the same under the e-invoicing system as deployed on October 1, 2020. It will be done directly or through a GST Suvidha Provider by importing the excel tool/JSON or via API interface (GSP). The...
The purpose of this return is to rectify/resolve the mismatch in sales figures with your customers to whom you raise the tax invoice. #5. GSTR 8 An e-commerce operator who needs to collect TCS (Tax collected at source) under GST requires to file this return till 10th of every month ...