Turnover based invoice obligation: registered persons above the turnover threshold must follow prescribed invoice preparation rules. Notification designates registered persons whose aggregate turnover in a financial year exceeds the notified threshold as a class required to prepare invoices in terms of sub-rule (4) of rule 48 for supply of goods or services or both to a registered person, and states the date from which this obligation is to take effect.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Turnover based invoice obligation: registered persons above the turnover threshold must follow prescribed invoice preparation rules.
Notification designates registered persons whose aggregate turnover in a financial year exceeds the notified threshold as a class required to prepare invoices in terms of sub-rule (4) of rule 48 for supply of goods or services or both to a registered person, and states the date from which this obligation is to take effect.
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