In today’s fast-evolving business landscape, staying compliant with tax regulations is crucial. The introduction of E-Invoicing in the GST regime has been a game-changer, streamlining the invoicing process and enhancing transparency. But how can you ensure that your vendors are E-Invoice compliant or subject to E-Invoicing? How to Check if a Vendor is E-Invoice Compliant? …
How to Check if a Vendor is E-Invoice Compliant? Read More »
In the realm of taxation, various mechanisms are employed to ensure seamless collection of taxes. One such mechanism is the reverse charge mechanism (RCM). With the advent of electronic invoicing (E-Invoicing), many businesses wonder whether RCM transactions fall under its scope. In this blog, we will unravel the Impact of E-Invoicing on Reverse Charge Transactions …
Impact of E-Invoicing on Reverse Charge Transactions Read More »
In a recent update on June 12, 2023, the E-Way Bill/E-Invoice System has introduced a security enhancement called 2-Factor Authentication (2FA). This measure aims to ensure the utmost safety and integrity of the system. Starting from July 15 2023, 2-Factor Authentication mandatory for E-Invoice /E-Way Bill system for all taxpayers with an Annual Aggregate Turnover (AATO) above Rs 100 …
From 1st Aug 2023, as per the latest government mandate, E-Invoicing will be mandatory for businesses with an annual aggregate turnover exceeding Rs.5 crores. This means that your organization with AATO exceeding Rs. 5 crores will now be required to generate and issue electronic invoices in compliance with the new regulations. It is crucial for …
Rule 138A of CGST Rules mentions Documents and devices to be carried by a person-in-charge of a conveyance. The documents include tax invoice, e-way bill, etc. However, if documents are carried in electronic form, is it suficient compliance? Case Details : GST- Production of invoice in physical form Case Related To : J. K. JAIN …
reachus@logitax.in
+917499914484
+919545576666
Copyright © 2023 Ankekshan Consulting Pvt. Ltd. All rights reserved | LogiTax is a product by Ankekshan Consulting Pvt. Ltd.
