e-invoice and e-way bill under GST is mandatory and an integral part of the functioning of any business. The e-Invoice System allows GST-registered businesses to upload all B2B invoices to the Invoice Registration Portal (IRP). The IRP produces and provides to the user a unique Invoice Reference Number (IRN), digitally signed e-invoice, and QR code,...Read More
MSME Expo 2023 is the 9th edition of India’s International Expo for SMEs, startups, industry, and service providers. MSME Expo is a unified platform for businesses for networking, presenting their goods or services, and find new business prospects. Hylobiz received an amazing opportunity to attend the MSME Expo held on January 12 2023 and January 13...Read More
India’s economy is one of the fastest-growing economies in the world and MSMEs are the growth engine that fuels the development of the national economy. As per the information received from Central Statistics Office, Ministry of Statistics & PI, the Share of MSME Gross Value Added (GVA) in All India Gross Domestic Product at current...Read More
Are you a Business Owner Facing Challenges with Invoice Collection? A businessman has to manage and control many functions for his business’s smooth running, including buying inventory, raising and dispatching invoices, collecting payments, and reconciling. The Challenges that Business Face with Manual Invoice Collections are: Manual invoicing and offline payment collections kill their time and...Read More
On 1st April 2018, the e way bills system was introduced for inter-state movement of goods under GST. Subsequently, the GST e way bills were introduced by all the states for intra-state movement of goods and New Delhi was the last state to introduce the E-Way bill for intra-state movement of goods on 16th June...Read More
The GST council of India has made e-Way Bills a mandate. Now, what is e-Way Bills? An e-way bill is an electronic waybill. It is a permit needed for the transportation of goods that are worth more than Rs. 50,000 (applicable for a single invoice/bill/delivery challan) in a vehicle within Indian states. With the recent...Read More
