Recently, the government announced implementing the fifth phase of e-invoicing to taxpayers with annual turnover of more than Rs 10 crore to Rs 20 crore. This phase shall begin on October 1, 2022, and ...
After the introduction of e-Invoicing, many businesses aligned themselves with the e-Invoicing system. Majority of the businesses use custom ERP software solution to manage their sales and purchase ...
E-invoicing, also known as electronic invoicing, is a system designed to authenticate B2B invoices, export invoices and other documents mentioned in the e-invoicing mandate through designated systems ...
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 ...
In the third phase, firms with a turnover of over Rs 50 crore had to generate e-invoices from April 1, 2021. The goods and services tax (GST) e-invoicing will be mandatory for firms with a turnover of ...
Over three decades ago, electronic data interchange (EDI) was used to exchange transactional data in businesses for trading, which gradually evolved with technological intervention when the companies ...
After involving businesses with an aggregate above 5 Crore, the number of e-Invoicing subscribers has increased notably. This upsurge in the businesses eligible for e-Invoicing has also impacted the ...
Starting April 1, 2025, businesses with an Annual Aggregate Turnover (AATO) of INR 10 crore or more must upload GST e-invoices to the Invoice Registration Portal (IRP) within 30 days of issuance.
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) ...
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 ...