In case of supply of services, Rule 47 of CGST Rules 2017, Part A – Chapter VI is self-explanatory. In case of goods, however, there is a physical goods movement where the tax officials can do a scrutiny of the document / supply. With the revised Rule 48 (Manner of issuing invoice), the supply would be deemed to be invalid if e-invoicing is applicable but not yet done.
Electronic Communication of PDF based copies of shipping Bill CBIC has launched paperless customs exports processing, a move aimed at trade facilitation. Under this Initiative a secure QR code enabled LEO copy and Gate pass will be sent to exporters immediately. Towards that, the Customs department plans to roll out pan-India faceless assessment by December 31 in a phased manner, ...
The success of any SAP implementation is highly dependent on the Application Management Services and the kind of support provided by competent partners. It is important to take necessary steps to apprehend the benefits of SAP investments, deliver true value and reduce total cost of ownership (TCO) by bringing down the cost with advance end user gratification to get enhanced ...
IntroductionAs is well known, electronic invoices (e-Invoices) have been made mandatory by the Government of India with effect from 01 Oct 2020 for all B2B transactions by business entities with a turnover greater than Rs 100 Crore. What this means is that all invoices, generated by companies using their existing ERP/ Accounting System will need to be converted into a ...
SaaS is a popular way of delivering software by licensing or a subscription which enables the consumer not to worry about maintaining the infrastructure. SaaS could be an active business model where the founders create a system specifically for a niche, or as a source of additional revenue, where the company originally develops a system and then issues the same ...
Catastrophes that may destroy your SAP Systems and precious data at any timeA disruptive event can be anything that puts an organization's operations at risk, from a HW failure to power outages and backup failures to natural disasters. Well defined Contingency plan will support you to run business continuously during an unplanned disruption in service. Innoval helps customers to create ...
Cargo Transportation concerns the movement of goods from a source to a destination. The goal for any business owner is to minimize transportation costs while also meeting demand for products. Business owners rely on the Crago transportation Service Providers to achieve this goal. Transportation costs generally depend upon the distance between the source and the destination, the means of transportation ...
Document automation & integration process on Letter of CreditLetter of Credit (LC) is a document issued by Bank. We have Import LC (Requested by Home bank) and Export LC( Requested by Exporters bank). Ideck is capable of handling both Import LC and export LC. This module is tightly integrated with our EXIM module. When a new LC document receives from ...
AIM, or Accelerated Implementation Methodology is a framework for addressing organizational changes that will transform how your business operates. It takes the change process from planning all the way through installation, Implementation, training and an eventual Return on Investment. Its main objective is to remove any barriers between the planning phase and a successful implementation, which can include things like ...
Automatic processing of Invoices is a priority activity now with most of the customers as manual data entry leads to transactional errors and getting wrong data captured in the system. Invoice processing automation tool (Ideck) enables organizations to automate and stream line the processing of supplier invoices. It automatically extracts information from any incoming invoice, validates data and transfers it ...
