GST Council sets up 2 sub-groups to examine legal, technical aspects of e-invoice for B2B sales

There are over 1.21 crore registered businesses under the GST, of which 20 lakh are under the composition scheme. The GST Council has set up two sub-groups to look into the policy and technical aspects, such as turnover threshold and mode of generation, for e-invoice generation by businesses. While one sub-group will examine the business […]

from GST India-Goods and Services Tax in India http://bit.ly/2QEiu9r