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.
Caramelin are possessing following taste
Which statements accurately describe the Pradhan Mantri Matsya Sampada Yojana (PMMSY)?
A. It is completely a Central Sector Scheme.
B....
How many agricultural products MSP determined by the Agricultural Costs and Price Commission?
Government of India announce MSP on the recommendation of
Who is the present CEO of FSSAI?
Which of the following primary tillage operation is used to invert the soil partially or completely?
Which of the following is true for a completely randomized design?
In biogas production, the last stage of anaerobic digestion where acetate and H2 plus CO2 are converted into methane, CO2, H2 O is known as
Rotation involving Stylosanthus hamata & Sorghum is an example of
_________technology could be used to connect a computer to a cell phone or headphone without any wires or special connectors.
