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Govt to mandate e-invoice for B2C transactions in 2-3 years

Currently, businesses with a turnover of Rs 5 crore and above are required to generate e-invoice for their Business to Business (B2B) sales and purchases. ....

Shashank Priya , National Conference , Services Tax , Indirect Taxes , Oe Invoice ,

B2C transactions: Govt to mandate e-invoice for B2C transactions in 2-3 years

The Indian government is considering the mandatory implementation of electronic invoicing (e-invoice) for business-to-consumer (B2C) transactions within the next 2-3 years. Currently, businesses with a turnover of Rs 5 crore and above are required to generate e-invoices for business-to-business (B2B) sales and purchases. ....

Shashank Priya , National Conference , Services Tax , Indirect Taxes , B2c Transactions , Oe Invoice , Business To , Indirect Taxes Amp Customs ,

Marcel Ciolacu: "Our economy is not yet ready to function with less cash"

The national economy is not ready to function with less cash, Prime Minister Marcel Ciolacu said yesterday, at the beginning of the government meeting in which it was established that the maximum limits on daily cash payments/receipts established by law 296/2023 will not be applied, so as planned, from November 11. ....

Marcel Ciolacu , Prime Minister Marcel Ciolacu , Marcel Bolo , Minister Marcel Ciolacu , Marcel Ciolacu , Marcel Bolos , Ministry Of Finance , Oe Invoice , The Seal , Ash Ceilings ,

E-invoice: GST authorities to start sending advisories to non-complaint businesses

E-invoicing was initially implemented for large companies with turnover of more than Rs 500 crore, and within 3 years the threshold has now been lowered to Rs 5 crore. ....

New Delhi , Sanjay Kumar Agarwal , Central Board , Indirect Taxes , Oe Invoice , Cgst Rules , Gst Norm ,