After a roller-coaster period, full of changes and updates, India’s e-invoicing reform went live on 1 October this year. This e-invoicing reform is considered to be the second biggest tax development in the country after the introduction of Goods and Services Tax (GTS) in 2017. The Indian authorities chose to go ahead with implementing the e-invoicing reform without any further delay despite many private sector requests asking for more time to prepare. However, this situation resulted in last minute changes for taxpayers.
Source: SOVOS
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