VATupdate

E-invoicing and GST return changes

Goods and Service Tax Network (GSTN) is planning to introduce certain new features/changes to the existing GST returns. The proposed changes may include delinking of original invoice details with credit and debit notes, auto calculation of liability from GSTR 1 into GSTR 3B, inclusion of additional features in GSTR-2A/6A, availability of FORM GSTR 2B etc. Further, E- invoicing is proposed to be implemented from 01 October 2020 for taxpayers with turnover INR 5bn or more.

Source: BDO India

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