- On November 29, 2024, the Goods and Services Tax Network (GSTN) issued Advisory No. 461, providing a glossary and a step-by-step guide to help taxpayers understand and comply with mandatory e-invoicing requirements.
- The glossary includes definitions of key e-invoicing terms such as e-invoicing, Invoice Registration Portal (IRP), Invoice Reference Number (IRN), and the distinctions between debit and credit notes, along with technical details like JSON format and API connections.
- Additionally, GSTN released Advisory No. 553, which focuses on authorized B2B e-invoice verification apps that allow buyers to verify invoice authenticity through QR code scanning, highlighting India’s commitment to improving taxpayer education and compliance within the e-invoicing framework.
Source Comarch
Click on the logo to visit the website
Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "India"
- 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
- Finance Minister Addresses GST Transition Concerns, Outlines Measures for Smooth Implementation
- Rajasthan HC Rules Principal-to-Principal Service Contracts as Export, Not Intermediary, Under GST