e-invoice JSON generated must be uploaded on the IRP by businesses. Know all about Invoice JSON file and signed e-Invoice JSON under e-invoicing system.
To implement the new e-invoicing system, there is a need for changes to the existing ERP. The following are the probable changes required to an ERP.
GST and Customs underwent legislative changes in the Union Budget 2020, presented on 1 February 2020. Read all the Expectations & Outcomes of GST & Customs
e-Invoicing will come into force from 1 April 2020 as a mandatory requirement for certain businesses. Learn about the potential issues on e-invoice
QR code in an e-Invoice is a legal requirement as per the GST law. The IRP shall affix the QR code on every e-invoice having multiple uses. Know more.
GSTN has devised an e-invoicing system to validate all B2B invoices. Digital Signature, also known as DSC, is affixed on e-invoice both by seller & the IRP
The e-invoicing system is introduced by CBIC from January 2020. In this article, we are going to discuss the advantages and disadvantages of e-invoicing system in India.
ClearTax guide on password security - How to create Secure Passwords?
Supply made to an SEZ unit/developer is called a zero-rated supply and eligible for a refund of the tax paid or ITC accumulated. Know the steps.
Nil GSTR-3B implies no sales or purchases and Nil tax liability for a period. Nil GSTR-3B can be filed on the GST portal following a step-by-step procedure.
E-invoicing system applies to those whose turnover exceeds Rs 100 crores in FY from 1 Apr'20. Let's quickly compare & learn the differences with the present
E-invoice can be cancelled within a particular time period after generation. The amendment to an e-invoice involves some restrictions. Read to know more
E-Invoice can be created following four steps. GSTN uses the e-invoice details and IRN to update the GST returns and e-way bill generation.
GST lookback in 2019 shows a year of reforms and ClearTax contributing towards simplifying these reforms for taxpayers. So, here's a flashback in 2019
Know all about newly introduced blocking and unblocking of the e-way bill facility. Also, check the block/unblock status of your GSTIN.
Highlights of 38th GST Council Meeting - GSTR-9 and GSTR-9C due date for FY 2017-18 was extended. The GST Council decided to levy 28% tax on all lotteries. Find more updates from the 38th GST Counc...
Invoice Registration Portal or IRP such as NIC will begin operating from January 2020 to provide e-invoice validation facility to taxpayers.
The taxpayer can claim accumulated ITC due to the inverted tax structure. Here is the guide explaining step by step on how to file GST RFD-01.
IRN is a unique code that validates an e-invoice and is generated through IRP or self by using the hash algorithm. GSTN will monitor the usage of IRN.
GSTN released latest e-invoice format along with the template. Know about the contents of e-invoice, JSON file, optional and mandatory fields in the schema.