India has gradually implemented electronic invoicing, or e-invoicing, for B2B transactions, in phases since the last quarter of 2020. In the latest phase of this implementation, the Indian government has made e-invoicing mandatory for all B2B transactions beginning October 2022.…
3 posts tagged
India
What Are the E-Invoice Requirements in India
E-invoicing is mandatory in India for taxpayers with a turnover above Rs.20. The e-invoice requirements include compliance with Rule 48, the use of standardized invoice format, the incorporation of essential documents, and adherence to the amendment, cancelation, and printing process.…
The Full Guide On GST E-Invoicing in India
GST e-invoicing is the submission of electronic invoices for goods and services through the government GST portal. The GST Network will authenticate the B2B invoices and assign a unique identification number to each invoice for businesses with more than ₹50 crore turnover. India's GST e-invoicing took effect on October 1,…