Businesses in India may soon be required to issue electronic invoices (e-Invoices) for both B2B and B2C transactions to enhance transparency and curb tax evasion. The GST Council is considering a pilot program to introduce voluntary e-Invoicing for selected sectors, which could provide benefits such as reduced transaction costs, greater operational efficiency, and easier bill verification for consumers.
Source RTCsuite
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See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
