Saturday, June 1, 2019

Government likely to introduce electronic invoice system under GST - Economic Times

Government likely to introduce electronic invoice system under GST  Economic Times

NEW DELHI:Top companies in the country may soon have to rely on a common goods and services tax portal to issue invoices to their customers. The government is looking to introduce an electronic invoice mechanism under GST, but could restrict it to large companies in the initial phase, said a government official privy to the deliberations on the matter. This will automatically register every transaction on the GST network. “It is being examined … We are looking at if bigger companies could be brought in to begin with,” said the official. After the successful implementation of the e-way bill ...



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