As on September 17th, 2020 the GSTN Portal has enabled the facility to delink the credit & debit notes from their original invoices for the ease of compliance & reduction of workload on the taxpayer.
Finance secretary Bhushan Pandey, recently announced that e-invoice shall apply for B2B transactions for all the companies registered under GST from 1st April 2021. Earlier via Notification No.
Recently, the government announced implementing the fifth phase of e-invoicing to taxpayers with annual turnover of more than Rs 10 crore to Rs 20 crore. This phase shall begin on October 1, 2022, and ...
https://www.thehindubusinessline.com/economy/gst-assesses-with-turnover-between-5-10-crore-must-prepare-for-e-invoice-system-transition/article66979401.ece Copy GST ...
What Is a Debit Note? A debit note is a document used and issued by a vendor to inform the buyer of current debt obligations. It is similar to an invoice, which contains information about a sale, but ...
Taxpayers can make adjustments to multiple original e-Invoices by issuing one single credit note, debit note, or refund note e-Invoice. Rural suppliers or businesses that face poor internet ...