The Indian tax authority’s previously announced plan to block the generation of e-waybills without corresponding e-invoice details, effective from 1 March 2024, has been withdrawn.
In India, it is obligatory for taxpayers surpassing a specified threshold to issue electronic invoices for B2B and B2G transactions.
Source: SOVOS
Latest Posts in "India"
- Madras HC Advocate Accuses Flipkart of Exploiting GST Loopholes, Urges Government Action
- India’s GST Evolution: From 2017 Launch to 2025 Reforms and Future Prospects
- US imposes additional tariffs on India for buying oil from Russia
- GST Council to Discuss Simplifying Tax Regime, Reducing Levies on Cement, Services, and Insurance
- GST Council to Discuss Moving Food, Textile Products to 5% Tax Bracket in September Meeting