As a part of the new initiatives under the GST regime, the concept of E-Invoicing was introduced in 2019, to be implemented from 2020. The intention was to bring in a standardized pattern for disclosing invoice level details. The misconception that e-invoicing will replace the traditional modes of issuing an invoice is clarified here.
Agenda India’s position in ease of doing business What is meant by e-invoice? Why are we getting into this? Implications for the Taxpayers Implications for the accounting/billing/ERP providers Timelines Technical Specs by NIC team Ease of Doing Business India was at 77th position in 2018. On Paying Taxes, India at 121. India is at … Read moree-Invoice Reporting – A step towards improving Ease of Doing Business and Reporting for GST