E-invoicing will be mandatory for taxpayers who had a turnover of more than Rs. 50 crores in any financial year since the introduction of GST.
What benefits does the government see in implementing E-invoicing and whether the entire process can be simplified?
As of now look at the outward supply flow:
- Prepare Invoice
- Generate E-Invoice reference number
- Generate E-way bill
For one outward supply, taxpayer has to deal with 3 documents. By introducing multiple documents, what government is trying to achieve?
| Latest response: 11/01/23 | Sort by