India is set to roll out the third phase of mandatory electronic invoicing under the goods and services tax regime from the start of the next financial year. Registered businesses having turnover above Rs 50 crore will have to mandatorily issue electronic invoices for notified business-to-business transactions from April 1, according to a government notification.
Source: bloombergquint.com
Latest Posts in "India"
- India’s GST E-Invoice Services Temporarily Unavailable for Maintenance
- India Tests E-Invoicing for Recipient-Generated Reverse-Charge Self-Invoices
- India: FICO Urges Punjab to Clear Pending GST and VAT Refunds
- India: CBIC Clarifies Seven GST Issues on Input Service Distributor Mechanism
- India to Revamp GST Return Forms to Reduce Tax Mismatches
