Recently, GST Council has decided to generate GST e-invoices for B2B transactions for those GST-registered businesses with annual turnover of more than ______?
GST-registered businesses with annual turnover of more than Rs 5 crore will soon have to generate electronic invoices for B2B transactions. The GST Council, comprising finance ministers of the Centre and states, had decided to implement it in a phased manner and with e-invoices being generated, for every B2B (Business-to-Business) transaction, invoice matching by tax authorities would not be required under Goods and Services Tax (GST). Currently, businesses with turnover of over Rs 20 crore will have to generate e-invoices for B2B transactions. GST, or Goods and Services Tax, is an indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes, including VAT, excise duty, service taxes, etc.
What percentage of the world's cotton area does India have under cultivation?
Heavy shedding of buds and bolls occurs in cotton due to:
Which cereal crop is most tolerant to saline and alkali soils
Where is the Central Institute for Agriculture Engineering located?
Panchagavya includes:
What is the term used to describe interactions involving plants, microbes, and other microorganisms?
Safflower is which season crop?
What is the seed rate of hybrid cotton with a spacing of 120 × 60 cm?
How much average horsepower (hp) can a person develop for farm activities?
International Food Safety standards are developed by