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
On August 1, 2019, the state of Kerala, India imposed a two-year Flood Cess of 1% on B2C intrastate supplies on most goods and services
Ever since the introduction of mandatory e-invoicing in India, B2C transactions have been excluded from the scope of mandatory e-invoicing. For these transactions specifically, there
During the past few months, in the absence of formal clarification, there has been much speculation on whether the Indian authorities would move forward with
The new India’s e-invoicing expansion has been live since October 2020 and it has been rolled-out in phases. The first phase started in October 2020
Taxpayers have gone through an eventful year in India. The e-invoicing mandate, initially planned to go live in April 2020, was delayed until October. A
As expected, and previously announced by the Secretary of Finance in India, the Central Board of Indirect Taxes and Customs (CBIC) has now formally issued
Even though India’s continuous transaction controls (CTC) reform went live less than a month ago, the surrounding legal and technical framework for the e-invoicing platform
After a roller-coaster period, full of changes and updates, India’s e-invoicing deadlines went live on 1 October this year. This e-invoicing reform is considered to
It’s now over two years since goods and services tax (GST) was implemented in India. And yet GST reporting continues to present challenges for businesses.
The Indian e-invoicing mandate is live. Even though there was significant public pressure to postpone the 1 October deadline, the set date remains the same
India: Changes to the Proposed E-Invoicing System India is about to launch a number of significant changes to its e-invoicing system. For a brief overview
Taxpayers are only two weeks away from the initial start of India’s e-invoicing reform. Even though the continuous transaction controls (CTC) invoicing system was officially
Indian officials continue to provide updates to the e-invoicing reform that partially enters into force in less than a month’s time on 1 October. Most