WebSep 27, 2024 · Krishna (Fictional Character ): Arjuna, CBIC issued Circular No. 17/2024-GST on 1STAug,2024 specifying mandatory E-invoicing from October 1, 2024forbusinesses whose aggregate turnover exceeds Rs 10 crore in any financial year from 2024-18 to 2024-22, for business-to-business (B2B) supply of goods or services, or both and also for exports. WebAn e-way bill is optional for Goods of value less than Rs. 50,000 (except in cases of mandatory Eway bill provisions like the movement of Handicraft goods and movement of goods for Inter-state Job work ) If Goods are being transported by a non-motorized conveyance (For example, Horse carts or manual carts) If Goods are being transported:
Impact Of E-Invoicing On SEZ, Exports And Deemed Exports
WebOct 9, 2024 · As per Notification 61/2024 , it's Applicable on on taxpayer whose turnover exceeds 500 crore. And it's applicable only on Taxable Supply . Bhavika Kothari (CA) … WebDec 4, 2024 · No required e-invoice or e-note format is needed as long as the required data is present on the invoices and notes; Meet the invoice fields mandated as per 4 December … magic seal driveway sealing
All You need to Know About E-invoice under GST - IRIS GST
WebAug 1, 2024 · CBIC Central Tax Notification 61/2024 dt. 30/07/2024: CBIC further excludes/ exempts SEZ Units from the class of registered persons required to implement GST e-invoicing provisions. Also, the threshold limit of Rs. 100 crores turnover has been increased to Rs. 500 crore turnover. WebSupply of both Taxable and exempted goods and . services to an unregistered person in a single Invoice Invoice-cum-Bill of Supply . 7. Amendment in Transaction . Debit Note/Credit Note ... registered person having aggregate turnover of more than ` 100 crores will be required to issue e-invoice for supply of goods or services or both with effect ... WebAug 24, 2024 · However, there is a GST exemption list for an e-way bill which comprises of a list of 153 items exempted from the e-way bill, which need to be referred to by businesses, so that they can avoid unnecessary hassle. This list of goods exempted from the e-way bill are specified as per Rule 138 (14) in the respective State / Union Territory GST rules. nys order of protection family court