by Siddarth Nandakumar | Dec 22, 2021 | floTax
Since its implementation, the Goods and Services Tax, 2017, went through many structural and procedural changes. One such change was the introduction of the e-Way bill to track the movement of goods, aiming to foster transparency and curb fake invoicing. Barring a few...
by Siddarth Nandakumar | Nov 11, 2021 | floTax
Under GST, when goods move from one place to another, the person initiating the goods has to apply for an E-way bill (Electronic waybill) from the E-way bill portal. From 1st April 2018, any registered person under GST must apply for an E-way bill for the inter-state...
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 Amit | 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-Invoice Accordingly, “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...