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Why e-invoicing to be rolled out from October 1 is a win-win for both govt and industry

E-invoicing appears to be another layer of compliance for taxpayers. But a closer look shows is a step in easing compliance for businesses. Compliance becomes part of the business process and supply chain system. GST reporting will be easier with real-time auto-population of invoice details into return (for supplier and respective buyers) and simultaneous generation of e-way bill, where required.

Source: financialexpress.com

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