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Newsable Asianet News on MSNHow Can I Generate an E-Way Bill Online?As per Section 60 of the GST Act, an e-way bill must be generated if the value of transported goods is more than Rs. 50,000.
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No input tax credit if e-invoice not uploaded in GST portal within 30 days: New rule soonUnder GST law, businesses (suppliers/sellers) with a specified annual aggregate turnover (AATO) need to generate an electronic invoice (e-invoice) and upload it on the IRP portal which enables the ...
Basically, a buyer will not get credit for the tax paid if the supplier does not upload the invoice and file returns on the GST portal in a timely manner. Henceforth, the taxpayer will not get the ...
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