Tag: E-invoice

E-Invoice: Regulatory Updates, Benefits & How To Generate E-Invoice With Munim
E-Invoice: Regulations & Generate E-Invoice with Munim
E-Invoice: Regulations & Generate E-Invoice with Munim

December 14, 2022

The Central Board of Direct tax and Customs announced that e-invoicing will be mandatory for businesses with an annual turnover exceeding Rs. 5 crores. This new regulation will come into effect on 1st January 2023. In order to comply with these regulatory requirements you need the best e-invoicing software like Munim. In this blog, we… Continue reading E-Invoice: Regulations & Generate E-Invoice with Munim

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what is e-invoice under GST
Everything You Need to Know About E-Invoice Under GST
Everything You Need to Know About E-Invoice Under GST

October 19, 2022

Recently, the GST council declared mandatory e-invoicing for businesses exceeding 5 crore turnover annually. This announcement left the industry baffle because earlier it was mandatory only for large scale enterprises. Unlike MSMEs and small businesses, they can bear additional compliance costs of e-invoicing but it is pricey for SMEs. If you are also worried about… Continue reading Everything You Need to Know About E-Invoice Under GST

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Govt Announced GST E-invoice Limit Reduced To Rs.10 Crore
Govt Announced GST E-invoice Limit Reduced To Rs.10 Crore
Govt Announced GST E-invoice Limit Reduced To Rs.10 Crore

August 8, 2022

On 1st August, 2022 Government announced that GST E-invoicing will be mandatory for firms whose turnover exceeds Rs. 10 crore with effect from 1st October. Earlier the limit for GST E-invoice was Rs. 20 crore but now the limit is reduced to Rs.10 crore.  Until now the limit has been reduced five times. At the… Continue reading Govt Announced GST E-invoice Limit Reduced To Rs.10 Crore

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