Export Invoice in GST: Similar to a tax invoice, an export invoice is raised by an exporter or supplier of goods and services listing the items exported, the amount due from the importer and other ...

GST bill format and GST invoice guide: With just hours left for GST rollout, there is still a lot of doubt amongst people regarding the GST bill format and GST invoice guide. GST will come into ...

The GST law has specified the fields an invoice must have. Some of the fields that are required are GSTIN of buyer & supplier, date, description of goods, value, rate and amount of tax etc.

Invoice management system (IMS) under GST. Recognising these persistent challenges, the Government has introduced the Invoice Management System (IMS) as a transformational solution for GST invoice ...

Claims of Input Tax Credit under GST. As discussed above, e-Invoicing directly impacts the Input Tax Credit under GST. The auto-population of the e-Invoice data in the supplier’s GSTR-1 form and the ...

Businesses will have to quickly get prepared for the new invoice management system under the goods and services tax that will be introduced from October 1.