Q1:- Who all are applicable for e-Invoicing? A: This system shall be applied to the GST registered persons whose average turnover in the financial year not more than Rs.50 crore as of now, But exceptions include financial institutions, NBFCs, GTA, passenger transportation service Special Economic Zones (SEZ) units, insurance, banking and sale of movie tickets. […]
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E-Invoicing Non Applicability We all know In India under the GST From 1st October 2020 E-INVOICE is going to be mandatory for the person who has the turnover Exceeding Rs. 500 Crores,but still few persons are exempt the requirement to generate the E-invoicing which are:- A. E-Invoicing Exemption Entity Wise :- 1. Special Economic Zone […]
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