Govt. has made changes in the provisions of E-invoicing wherein a registered person having aggregate turnover in ‘any’ preceding financial year from 2017-18 onwards exceeding Rs. 500 crores shall be required to comply with E-invoicing provisions. Further, exports invoices would also be subject to this compliance.
Source: taxmann.com
Latest Posts in "India"
- GST Cut on Insurance May Not Lower Premiums; Potential 12-18% Increase Expected
- India’s GST Council Endorses Two-Tier Tax Structure for 2025
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
