By
siliconindia | Wednesday, 19 May 2021, 05:29 Hrs
After involving businesses with an aggregate above 5 Crore, the number of e-Invoicing subscribers has increased notably.
This upsurge in the businesses eligible for e-Invoicing has also impacted the current GST return filings system.
e-Invoicing under GST is the new face of the GST structure and will soon apply to all the businesses irrespective of their turnovers.
Businesses should accept e-Invoicing with a positive approach for their benefit.
In this article, we will understand some of the direct impacts of e-Invoicing under GST and understand the benefits of this system on taxpayers and businesses.
e-Invoicing under GST allows paperless record-keeping of Invoices