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2 articles tagged #input tax credit
Clear filterThe ₹5 crore e-invoicing threshold is tested against your highest turnover in any year since 2017-18, PAN-level — not against last year. How to check whether you are covered, and what an invoice without an IRN does to your buyer.
The Invoice Management System turned input tax credit into something you act on invoice by invoice. What Accept, Reject and Pending actually do, why doing nothing is itself a decision, and a monthly routine for a small business.