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Now e-bill will be compulsory for small business with above Rs 50 crore turnover from April 1



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© Supplied by Zee Information


The governing administration has now manufactured it compulsory for organizations with over Rs 50 crore turnover to produce e-invoices for B2B transactions from April 1. 

Less than Goods and Providers Tax (GST) legislation, e-invoicing for small business-to-business enterprise (B2B) transactions has been built mandatory for providers with turnover of about Rs 500 crore and Rs 100 crore from Oct 1, 2020, and January 1, 2021, respectively.

E-invoicing will be prolonged to companies with turnover around Rs 50 crore from April 1, the Central Board of Oblique Taxes and Customs (CBIC) said in a notification. 

Underneath

Now e-bill will be compulsory for small business with in excess of Rs 50 crore turnover from April 1



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© Presented by Zee News


The authorities has now made it compulsory for firms with about Rs 50 crore turnover to deliver e-invoices for B2B transactions from April 1. 

Under Goods and Products and services Tax (GST) law, e-invoicing for enterprise-to-business enterprise (B2B) transactions has been produced obligatory for firms with turnover of more than Rs 500 crore and Rs 100 crore from October 1, 2020, and January 1, 2021, respectively.

E-invoicing will be extended to firms with turnover around Rs 50 crore from April 1, the Central Board of Oblique Taxes and Customs (CBIC) said in a notification. 

Below

Now e-invoice will be compulsory for enterprise with around Rs 50 crore turnover from April 1



a pair of hands holding a book


© Provided by Zee Information


The governing administration has now designed it obligatory for organizations with in excess of Rs 50 crore turnover to generate e-invoices for B2B transactions from April 1. 

Underneath Merchandise and Solutions Tax (GST) legislation, e-invoicing for organization-to-enterprise (B2B) transactions has been produced necessary for organizations with turnover of over Rs 500 crore and Rs 100 crore from Oct 1, 2020, and January 1, 2021, respectively.

E-invoicing will be prolonged to companies with turnover above Rs 50 crore from April 1, the Central Board of Oblique Taxes and Customs (CBIC) said in a notification. 

Below e-invoicing,