Introduction
The centre has made Electronic -invoicing mandatory for businesses with aggregate turnover exceeding Rs 10 crore from October 1, a move which will further plug in revenue leakage and will ensure better tax compliance from businesses
Presently, e-invoice is compulsory for businesses with an annual turnover of over Rs 20 crore. In a notification issued on Monday, the centre said it has amended the rule on the recommendations of the Council.
Now, E-invoice is mandatory for turnover above 10 crore from October 1)
Course Content
GST latest Amendments
Preparing for E-Invoicing in light of Recent Changes, E-Invoicing Notifications and Schema Updates
- E-Invoicing – What you send What you get
- Generating LIVE Invoice through IRP Portal
- E-Invoicing and E-Way Bill
- E-Invoicing for B2B and B2C transactions, Exports, SEZ and RCM
- Impact of E-Invoicing rules and compliance on internal systems and processes
- Integrated and comprehensive solution for e-invoicing
- Multiple Ways of E-Invoice Integration
- Practical challenges due to e-invoicing and it’s solution
- Reconciliation with sal es register, GSTR1 & GSTR 3B and e-invoicing
- How can businesses prepare for the system
- GST-Reconciliation of Accounts,
- Audit and filing of Annual Returns GSTR 9 & 9C