E-Invoicing & E-Reporting developments in the news in week 15/2025

New LinkedIn Group: Global E-Invoicing & Real Time Reporting developments

Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time Reporting and ViDA.

Podcasts on E-Invoicing & E-Reporting mandates on Spotify

HIGHLIGHTS OF WEEK 15/2025

Bulgaria Mandates SAF-T Reporting from 2026: A Complete Guide for Businesses
- Introduction of SAF-T in Bulgaria: Starting January 2026, Bulgaria will implement SAF-T (Standard Audit File for Tax) reporting, enhancing its tax compliance framework by aligning with international standards and facilitating streamlined information exchange between businesses and tax authorities.
- Phased Rollout Plan: The SAF-T implementation will occur in phases, affecting various business sizes over several years, with large businesses starting in January 2026 and micro businesses by January 2030, allowing adequate preparation and system adaptation.
- Reporting Obligations and Compliance: Bulgarian businesses must submit detailed monthly and annual reports under the SAF-T framework, with grace periods for initial compliance, while non-compliance can result in significant penalties, emphasizing the need for timely and accurate reporting to avoid fines.
France – Parliament rejects 1-year delay to Sept 2026 launch of B2B e-invoicing & B2C e-reporting
- On April 11, the National Assembly rejected a delay for e-invoicing and e-reporting to September 2027. Plans are advancing, with 87 PDP providers preparing for interoperability testing in October.
Germany – Peppol BIS Billing 3.0 and XRechnung: Interchangeable Within Germany
- Germany has enhanced e-invoicing flexibility by integrating XRechnung requirements into Peppol BIS Billing 3.0, allowing both formats to be used interchangeably, which promotes greater interoperability and efficiency in the B2G sector.
- Both formats comply with the European standard EN16931 and share a common semantic foundation, enabling companies to meet mandatory invoicing requirements for public authorities while benefiting from the standardized Peppol network for international transactions.
- The introduction of the “German National Ruleset” (DE-NRS) within Peppol BIS Billing 3.0 incorporates specific XRechnung rules, ensuring legal compliance and facilitating efficient invoice exchanges; however, technical limitations exist for organizations using alternative syntax formats like UN/CEFACT CII.
Greece’s e-Transport System: Key Deadline Changes and What Businesses Need to Know
- Updated Timeline for e-Transport Implementation: Greece’s Ministry of Finance and the Independent Authority for Public Revenue announced a phased rollout for the e-Transport system, part of the broader myDATA platform, which modernizes tax and inventory reporting.
- Phased Approach to Compliance: The rollout includes a voluntary phase for digital issuance of transport documents until June 1, 2025, followed by mandatory requirements for specific sectors starting June 2, 2025, and an overall mandatory adoption for all taxpayers by December 1, 2025. Additionally, real-time digital tracking of goods will be voluntary from August 1 to November 30, 2025, becoming mandatory from December 1, 2025.
- Preparation for Transition: The extended timeline provides businesses with additional time to adapt their internal systems for compliance, emphasizing the importance of proactive planning to minimize disruptions and align with the new technical standards.
India – New GST E-Invoice Rule: Mandatory 30-Day Reporting for Businesses with Rs. 10 Crore Turnover
- New E-Invoicing Requirement: Starting April 1, 2025, all businesses with an Annual Aggregate Turnover (AATO) of Rs. 10 crore and above must report e-invoices to the Invoice Registration Portal (IRP) within 30 days of generation, significantly lowering the previous threshold of Rs. 100 crore.
- Consequences of Non-Compliance: Invoices not submitted within the 30-day window will be automatically rejected by the IRP, and any unreported invoices will become invalid for Input Tax Credit (ITC) claims, impacting both suppliers and buyers.
- Steps for Compliance: To adapt to the new rule, businesses should automate alerts for timely reporting, ensure real-time syncing with IRP systems, and train staff on the updated e-invoicing guidelines to avoid regulatory issues.