- GSTN has launched the e-Invoice Exemption Declaration feature on the e-Invoice portal for taxpayers who are exempted from e-invoicing according to the CGST Rules.
- This feature is voluntary and does not affect the e-Invoice enablement status of the taxpayer.
- Taxpayers are responsible for determining their exemption status based on government notifications and reporting it on the portal.
- The functionality is for business facilitation purposes only.
Source Taxguru
Latest Posts in "India"
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries