e-invoicing under GST- Brief Overview

• January 21, 2021
• CA Chandan Agarwal's Office

INTRODUCTION

E Invoicing is one of the biggest and positive update taken place under GST law like E Way Bill system in 2020. The invoicing practices are adopted by business houses are different from one another and government wants unified and equal approach in invoicing.

The biggest and foremost important reason behind introduction of E invoicing is to curb fake invoicing. Tax leakage and fraud by means of fake invoices is being already a concern of government before introduction of GST law.

Read more on: https://taxguru.in/goods-and-service-tax/e-invoicing-gst-brief-overview.html