The Indian Goods & Services Tax Council has proposed a revised plan for the roll-out of live e-invoice reporting from 2020.
E-invoices will be initial voluntary from the start of this year, and then become mandatory for B2B transactions for large and mid-sized taxpayers by April 2020
Link below includes an excellent and complete overview on the implmentation of ”e-invoicing” in India.
Source Ridvan Yigit
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
