GST e-invoice – What is e-Invoicing, Applicability & Implementation

By |2021-02-13T06:05:42-05:30February 11th, 2021|Categories: GST invoice|

When it comes to GST in 2020, e-invoicing GST has been the largest and one of the most talked-about modifications. Invoicing activities were rather sector-specific. Given the proprietary methods of processing invoices, the general taxpayers took the collective approach of e-invoicing in good spirit. And recently, after active adoption by companies with turnover of more than [...]

Debit Note: A Way to revise Sales Invoice under GST

By |2020-03-16T03:01:06-05:30April 11th, 2019|Categories: GST, GST invoice|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Debit Note and Credit Note come into the picture whenever some error has been committed during a financial transaction. The mistake can be simple human or due to some mechanical fault. To neutralize the effect of this fault on the invoices, a Debit Note or a Credit Note may be issued. These documents are recognized and [...]

Meaning and the format of Proforma Invoice

By |2020-03-16T03:00:43-05:30March 20th, 2019|Categories: GST invoice|Tags: , , , , , , , , , , , , , , , , , , , , |

Meaning of Proforma invoice The general term Proforma invoice is basically a document that provides information related to the particulars of the goods and services yet to be delivered to the buyer/customer. It has the details of the estimated prices for available goods or services. Besides, contains the estimate of any commissions, applicable taxes, the weight [...]