India: Enhanced e-Invoice Portal Launched
The Goods and Services Tax Network (GSTN) has announced updated to its e-invoicing initiative, accompanied by the launch of an enhanced e-invoicing portal. The new
The Goods and Services Tax Network (GSTN) has announced updated to its e-invoicing initiative, accompanied by the launch of an enhanced e-invoicing portal. The new
The Indian tax authority’s previously announced plan to block the generation of e-waybills without corresponding e-invoice details, effective from 1 March 2024, has been withdrawn.
National Informatics Centre (NIC) announced on 5 January 2023, e-waybill generation will not be allowed without e-invoice details starting from 1 March 2024. In India,
India is considering the expansion of its mandatory e-invoicing system to encompass B2C transactions. Currently, B2B transactions are subject to this mandatory e-invoicing, requiring clearance
On October 3, 2023, the Goods and Services Tax Network (GSTN) issued an advisory introducing a new feature on the GST e-Invoice Portal. In India,
The Indian Goods and Services Network (GSTN) has announced an updated enforcement date for the time limit to send e-invoices to the IRP. As of
The Indian Ministry of Finance issued Notification No. 10/2023 on 10 May 2023 whereby it reduced the threshold limit for complying with the GST e-invoicing
The recently introduced 7-days time limit for sending e-invoices to the Invoice Registration Portal (IRP) has been deferred for three months. The time limit was
The Goods and Services Network (GSTN) issued an advisory on the time limit for e-invoices to be reported on the portal. E-invoices in scope will
The Indian Goods and Services Tax Network (GSTN) has announced that new Invoice Reporting Portals (IRP) have been onboarded. IRPs act as a bridge between
Integrated with SAP S/4HANA®, Sovos’ scalable and flexible solution delivers e-invoicing compliance for customers LONDON — August 16, 2022 —Sovos*, a global tax software provider,
In India, the e-invoicing system has been live since 2020. Taxpayers in the scope of e-invoicing mandate must issue their invoices relating to B2B and
As previously predicted by Sovos, the threshold for implementing mandatory e-invoicing has been lowered by the Indian authorities. According to the Central Board of Indirect
As previously predicted by Sovos, the threshold for implementing mandatory e-invoicing has been lowered by the Indian authorities. According to the Central Board of Indirect
India has a Continuous Transaction Controls (CTC) System in place since October 2020. E-invoicing has been rolled-out in stages, meaning e-invoicing requirements are applicable to
On 24 February 2022, the Indian Central Board of Indirect Taxes and Customs (CBIC) issued a notification (Notification No. 01/2022 – Central Tax) that lowered
On 24 February 2022, the Indian Central Board of Indirect Taxes and Customs (CBIC) issued a notification (Notification No. 01/2022 – Central Tax) that lowered
In the “Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalization of the Economy” issued on 1 July 2021, members