E-invoicing is the proposed system where business-to-business (B2B) invoices are digitally prepared in an e-invoicing format and authenticated by the Designated Portal – Invoice Registration Portal (IRP). This system ensures that a common format is followed by all businesses before reporting invoices to the GST portal.
Source Taxguru
Latest Posts in "India"
- India Plans Unified GST Audit Authority for Multi-State Companies
- Assam GST Wing Raids Five Rubber Businesses Over Fake ITC Tax Evasion
- India Reviews GST Input Tax Credit Rules for Self-Use Construction
- Centre Challenges Madras HC Ruling on Reliance Jio GST Input Tax Credit
- Indian Life Insurers Expand VNB Margins Despite GST-Related ITC Loss
