Centre is now planning to make GST e-invoicing compulsory for businesses with a turnover of Rs 5 crore and above. It would lead bringing the threshold down from the recent Rs 20 crore, said a ...

Following the financial news carefully, you will remember that the overall turnover has been reduced to ₹5 crore from ₹10 crore. Does it apply to your enterprise? If yes, opting for an e-Invoice from ...

If an invoice is not registered on the IRP, then such an invoice would not be treated as a valid tax invoice for all GST related matters and would attract a penalty of ₹10,000 for each instance of non ...

Nizom Sairi says LHDN’s e-invoicing system will help the government achieve its 2024 tax collection target of RM185 billion. (Bernama pic) The implementation of the electronic invoicing (e-invoicing) ...

India’s transformation from cumbersome paper trails to seamless digital ledgers is not merely a domestic success story, it is becoming a global template for modernizing tax systems. In its 2025 report ...

KUALA LUMPUR: The implementation of the electronic invoicing system (e-invoicing) will bode well should the government opt to reinstate the Goods and Services Tax (GST), and simultaneously, assist it ...

The IMS will ensure automatic reflection of invoices in relevant GST returns, allowing for real-time cross-verification of supplier data. The GST Council, in its upcoming meeting on December 21, is ...