VATupdate

Share this post on

Tax experts ask small businesses to prepare well in advance for e-invoicing compliance

The building of capacity by adding 4 new private IRPs by the Govt should help taxpayers make this transition,” Mahanti said.”There is also an implication for large anchor clients who procure from the smaller taxpayers as they will have to ensure that sellers generate e-invoices so that they can avail Input Tax Credit (ITC),” he added.

Source: newindianexpress.com

Sponsors:

VAT news
VAT news

Advertisements: