Ever since the concept of e-invoicing was approved by the GST council, Introduction of e-Invoice was approved by GST council in its 37th meeting held in the month of September,2019 with the key objective to ensure inter-operability of e-invoices across the GST eco-system.
In this article, let’s discuss and understand everything about e-invoicing under GST.
Q. Which businesses are liable to generate e-invoices now?
Ans. Only taxpayers with aggregate turnover (based on PAN) in a financial year exceeding ₹500 crore have to generate e-invoices for B2B transactions.
Read more on: https://taxguru.in/goods-and-service-tax/invoicing-gst.html
© 2018 CA Chandan Agarwal. All rights reserved.