Tag: E-invoices
gst: CBIC weighs I-T-like prefilled consolidated GST return forms
The government is working on pre-filled consolidated GST return forms on the lines of Annual Information Statement (AIS) feature used by the Income tax department,…
E-invoices must for firms with ₹5 cr+ annual turnover
The Central Board of Indirect Taxes and Customs (CBIC) has enabled e-invoice for taxpayers with an aggregate annual turnover (AATO) between ₹5 crore and ₹10…
E-invoicing mandatory from August for B2B supplies by firms with ₹5 cr turnover
The government has made it mandatory for small firms with annual turnover of ₹5 crore or more to issue e-invoices for business-to-business supplies from August…
E-invoices must for businesses with 5 crore turnover a year
The centre on Thursday announced it will be mandatory for all businesses with annual turnover of over Rs 5 crore to move to e-invoicing for…
tax law: How uniformity in tax law made a common national market
One of the major positives of the GST roll-out is the consolidation of over a dozen indirect taxes into a single tax. Also, unlike the…
GST Tax: The need to make GST reporting standardised, less cumbersome for taxpayers and administrators
The Goods and Services Tax (GST) has come a long way since its launch in 2017 when it replaced a plethora of Central and State…