The government recently announced 1 April 2020 as the date of implementation of the e-invoicing system for B2B transactions for businesses with an aggregate turnover exceeding INR 1bn.
Considering that the voluntary system will commence from 1 January 2020, the GSTN has also released various documents in the public domain.
Source: michaelamerz.org
Latest Posts in "India"
- CBIC Clarifies GST Implications on Secondary or Post-Sale Discounts for Businesses
- India Slashes GST on Drones to 5%, Boosting Domestic Manufacturing and Sectoral Growth
- GST Reforms 2025: Boosting Textiles, Apparel Affordability, and Logistics Efficiency in India
- GST Credit Notes: Use Original Invoice Rate for Returned Goods, Not Revised Rate
- India Cuts GST on Renewable Energy to 5%, Boosting Solar Affordability and Green Jobs
