by Siddarth Nandakumar | Nov 4, 2021 | floTax
Introduction E-invoice has been introduced to curb tax evasions and reduce discrepancies in various GST returns due to manual invoices. ‘E-invoice’ or ‘electronic invoice’ is a B2B invoice that is in a format specified by the GST Network (GSTN) and authenticated on...
by Siddarth Nandakumar | Oct 15, 2021 | floTax
An electronic invoice is a digital document created, processed, and finalized entirely online without manual input from any employees. Processing orders and payments can be executed faster and with minimal delay by using e-invoices. It is undoubtedly the future of...
by Siddarth Nandakumar | Sep 21, 2021 | floTax
Many structural and procedural changes have been brought in GST to ensure ease of compliance by the taxpayers and mitigate difficulties. In the 35th GST Council meeting held on 21st June 2019, e-Invoicing in GST was recommended, which was approved in the 37th GST...
by Deepa B | Apr 15, 2021 | floTax
e-Invoicing is the buzzword in the market ever since it was announced. Quite soon it is going to be uniform compliance for all registered persons as the GST Authorities intend to extend it to all registered persons. There are many players in the market offering...
by Siddarth Nandakumar | Jan 2, 2020 | floTax
e-InvoiceAccordingly, “Goods & Services Tax Network” was set up & it was to be complemented & supplemented by a group of GST Suvidha Providers (GSP) & Application Service Providers (ASP). Return filing was permitted only through electronic mode in...