{"id":20530,"date":"2022-11-07T15:58:36","date_gmt":"2022-11-07T10:28:36","guid":{"rendered":"https:\/\/open.money\/blog\/?p=20530"},"modified":"2023-08-04T18:28:27","modified_gmt":"2023-08-04T12:58:27","slug":"webinar-e-invoicing-under-gst-is-your-business-ready-for-it","status":"publish","type":"post","link":"https:\/\/open.money\/blog\/webinar-e-invoicing-under-gst-is-your-business-ready-for-it\/","title":{"rendered":"Webinar: e-Invoicing under GST &#8211; Is your business ready?"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Webinar : e-Invoicing Under GST\" src=\"https:\/\/www.slideshare.net\/slideshow\/embed_code\/key\/3pFeKOcmZcZ5z0\" width=\"427\" height=\"356\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" style=\"border:1px solid #CCC; border-width:1px; margin-bottom:5px; max-width: 100%;\" allowfullscreen> <\/iframe> <\/p>\n<div style=\"margin-bottom:5px\"> <strong> <a href=\"https:\/\/www.slideshare.net\/OpenMoney\/webinar-einvoicing-under-gst\" title=\"Webinar : e-Invoicing Under GST\" target=\"_blank\" rel=\"noopener\">Webinar : e-Invoicing Under GST<\/a> <\/strong> from <strong><a href=\"https:\/\/www.slideshare.net\/OpenMoney\" target=\"_blank\" rel=\"noopener\">OpenMoney<\/a><\/strong> <\/div>\n<p><span style=\"font-weight: 400;\">The GST Council, in its 37th meeting on September 20, 2019, recommended the introduction of e-Invoicing in GST for businesses. With the latest development starting from October 01, 2022, the progress has been steady. It stated that e-Invoicing is mandatory for businesses with aggregate turnover over \u20b910 Cr.\u00a0 With this, e-Invoicing under GST is gradually becoming one of the most significant affairs for small and medium businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Initially, e-Invoicing was mandatory for companies with an aggregate turnover of over \u20b9500 Cr from October 01, 2020. CBIC (Central Board of Indirect Taxes and Customs) later reduced this amount to \u20b9100 Cr on January 01, 2021, then \u20b920 Cr from April 01, 2022, and is now \u20b910 Cr since October 01, 2022. Officials also claim that e-Invoicing will be a mandate for businesses with turnover over \u20b95 Cr by the coming year.\u00a0<\/span><\/p>\n<h4><b>Is your business ready for e-Invoicing?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The e-Invoicing practice has taken leaps with evolving GST laws. It started with an CBIC&#8217;s initiative to harmonise and standardise the nationwide tax system. It has now become a mandate for most B2B businesses in a systematically defined format. Many small and medium businesses, however, fall short of knowledge when complying with the latest tax regulations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most businesses approach third-party platforms to keep up with the e-Invoicing guidelines. These third-party platforms comprise an ERP (Enterprise Resource Planning) solution or a GSP (GST Suvidha Provider). An ERP or GSP are authorised intermediary solutions that enable businesses to access the IRP (Invoice Registration Portal).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In our latest webinar on \u2018<\/span><b>e-Invoicing under GST: Everything you need to know\u2019, <\/b><span style=\"font-weight: 400;\">our experts shared insights on e-Invoicing regulations. These in-house experts got the businesses covered with details on:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Format and schema of e-Invoicing\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Benefits for your business\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Myths around e-Invoicing<\/span><\/li>\n<li><span style=\"font-weight: 400;\">e-Invoicing with Open\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Open, with its mission to empower each business with the best-in-class finance management solutions, had this all-inclusive discussion. CA Kunal Gandhi, Finance Controller shares insights on the emergence and current implication of e-Invoicing in India along with the benefits and clarity on the evolution of e-Invoicing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We are sure you\u2019d not want to miss out on the key learnings to scale your business effortlessly while being 100% compliant.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Webinar : e-Invoicing Under GST from OpenMoney The GST Council, in its 37th meeting on September 20, 2019,&hellip;","protected":false},"author":56,"featured_media":20533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","footnotes":""},"categories":[447],"tags":[],"class_list":{"0":"post-20530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-archive","8":"cs-entry"},"_links":{"self":[{"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/posts\/20530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/comments?post=20530"}],"version-history":[{"count":1,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/posts\/20530\/revisions"}],"predecessor-version":[{"id":22208,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/posts\/20530\/revisions\/22208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/media\/20533"}],"wp:attachment":[{"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/media?parent=20530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/categories?post=20530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/open.money\/blog\/wp-json\/wp\/v2\/tags?post=20530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}