The Goods and Services Tax (GST) e-invoice system has updated that the two-factor authentication is mandatory for all the taxpayers with the Annual Aggregate Turnover (AATO) above Rs. 20 crores with effect from November 1st, 2023.
The National Informatics Centre (NIC) has updated that the Two factor Authentication is mandatory for all taxpayers who have Annual Aggregate Turnover (AATO) above 100 crores from 15th July 2023.
Source Taxscan
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System