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There are various ways to make tax compliance seamless, especially with GST and e-invoice integration using e-invoice software. This has been a transformational move by the Central Board of indirect taxes and customs. E-invoicing in India has helped in curbing tax evasions exceptionally and brought ease and efficiency to Goods and Services Tax and GST compliance. Not just this, but e-invoicing in India has joined the trend of countries all over the world that have adopted standards universally. This has been done to streamline taxation, invoicing, and compliance reporting to the government. Th...

GST e-invoice made mandatory for businesses with revenue over Rs 50 cr The GST e-invoicing system was implemented from October 1, 2020, for businesses with annual turnover of Rs 500 crore or more. BusinessToday.In | March 9, 2021 | Updated 01:33 IST The Finance Ministry on Monday notified the change in the GST Act on the recommendation of the GST Council. The government had made e-invoices mandatory for businesses with annual revenue of over Rs 50 crore from April 1, 2021. The Finance Ministry on Monday notified the change in the GST Act on the recommendation of the GST Council.   The GST...