E-invoice New API Specification has been released today in line with the updated e-Invoice standard fields released early Feb 2020. In a move to check tax evasion and make data
As a concept, e-invoicing has many advantages to offer to all the participants – suppliers, recipients and the Government. It also opens up avenues to provide value-added solutions and services by using the highly standard, processable and recent invoice data.
Starting April 2020, the eInvoicing mechanism shall be made mandatory for certain category taxpayers, based on their aggregate turnover. And to help these taxpayers get accustomed to the new system,
The implementation of E-invoicing is all set to be rolled down for B2B transactions in India from the month of January 2020.
The blueprint for e-invoicing in India has been published by Government specifying the working model of e-invoicing in India along with a standard for generating e-invoicing. Let us understand the
With the final nod from GST Council, electronic invoicing or e-invoicing shall soon be a reality. A transformational move by the CBIC, e-invoicing can help curb tax evasion drastically and
Ever since the introduction of GST in the Indian taxation system, GST officials have been diligent to work out a mechanism to stop tax evasion in India. Over the years, there
