{"id":110233,"date":"2021-03-13T11:00:23","date_gmt":"2021-03-13T11:00:23","guid":{"rendered":"https:\/\/www.edristi.in\/?p=110233"},"modified":"2021-03-13T11:00:26","modified_gmt":"2021-03-13T11:00:26","slug":"gst-invoicing-rules","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/gst-invoicing-rules\/","title":{"rendered":"GST invoicing rules"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question : From which date e-invoice has been made mandatory for B2B transactions for companies with a turnover of more than Rs 50 crore under GST law?<br><\/strong>(a) April 1, 2021<br>(b) July 1, 2021<br>(c) October 1, 2021<br>(d) January 1, 2022<br><strong>Ans.(a)<br>Related facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>CBIC has recently(March 2021) issued a notification related to GST invoicing.<\/li><li>According to this e-invoice has been made mandatory for B2B transactions for companies with a turnover of more than Rs 50 crore from April 1.<\/li><li>E-invoice for B2B transactions was made mandatory from October 1, 2020 for companies with a turnover of more than Rs 500 crore under the GST Act.<\/li><li>Whereas it has been implemented from January 1, 2021 for units with a turnover of more than Rs 100 crore.<\/li><li>Under the e-invoice, the taxpayers have to collect the bill through their internal system and inform it to the online invoice registration portal (IRP).<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8212; Pankaj Pandey.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/www.financialexpress.com\/economy\/e-invoice-mandatory-for-businesses-with-over-rs-50-crore-turnover-from-april-1\/2209417\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.financialexpress.com\/economy\/e-invoice-mandatory-for-businesses-with-over-rs-50-crore-turnover-from-april-1\/2209417\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question : From which date e-invoice has been made mandatory for B2B transactions for companies with a turnover of more than Rs 50 crore under GST law?(a) April 1, 2021(b) July 1, 2021(c) October 1, 2021(d) January 1, 2022Ans.(a)Related facts CBIC has recently(March 2021) issued a notification related to GST invoicing. According to this e-invoice [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":110234,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-110233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/110233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=110233"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/110233\/revisions"}],"predecessor-version":[{"id":110235,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/110233\/revisions\/110235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/110234"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=110233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=110233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=110233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}