e-invoice is to be rolled out optional from 1st Jan 2020 and mandatory from 1st April 2020. It is already one month, and we need to work on the same if the same is not started as we are racing against time. The government has given access to the sandbox for the taxpayer to verify and test the same before rolling out to the production / actual use. E-invoice is being rolled as the Government has observed that there is a lot of tax evasion happening the system and tracking of the same is missing in the current system.
Source CMA Bhogavalli Mallikarjuna Gupta
Latest Posts in "India"
- GSTN Adds “Pending” Option for Credit Notes and ITC Reversal Declaration in IMS from October 2025
- Flipkart Accused of Flouting Amended GST Rules on Transport Services, Faces Government Scrutiny
- 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
