- On November 29, 2024, the GSTN published Advisory No. 461, which includes a glossary on e-invoicing and a step-by-step guide to assist taxpayers in understanding and implementing mandatory e-invoicing requirements.
- The glossary covers key terms such as e-invoicing, the Invoice Registration Portal (IRP), Invoice Reference Number (IRN), and technical aspects like JSON format and API connections for reporting.
- The materials aim to educate businesses about their obligations under the e-invoicing system without introducing changes, while a related Advisory No. 553 released on November 27 details authorized B2B e-invoice verification apps, allowing buyers to easily verify the authenticity of invoices by scanning QR codes.
Source Pagero
Latest Posts in "India"
- Eight States Demand GST Rate Cuts Be Tied to Revenue Guarantee and Consumer Benefits
- CII Urges Corporates to Transfer GST Rate Cut Benefits to Consumers Before Festive Season
- DGFT Extends Export Obligation Period, Boosting Indian Textile Exporters’ Competitiveness
- GST 2.0: New Two-Slab Tax Regime Announced, Healthcare and Essentials to Get Cheaper
- L’Oreal India Distributor Found Guilty of Not Passing GST Rate-Cut Benefits to Consumers