NIC has issued FAQs answering various queries regarding generation of E-Invoice. The queries revolve around the disclosure of other charges leviable to GST, value of non taxable supplies etc. Issues regarding the printing of QR Code, amendments in e-invoice, voluntary generation of E-Invoice etc. have also been clarified. Different matters on which clarifications shall be issued at a later point of time have also been listed.
Source: taxmann.com
Latest Posts in "India"
- GST Cut on Insurance May Not Lower Premiums; Potential 12-18% Increase Expected
- India’s GST Council Endorses Two-Tier Tax Structure for 2025
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
