Regulatory Analysis

Posted January 23, 2024 by Dilara İnal
India: Withdraws decision to block e-waybill generation in absence of e-invoice details

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to block the generation of e-waybills without corresponding e-invoice details, effective from 1 March 2024, has been withdrawn. In India, it is obligatory for taxpayers surpassing a specified threshold to issue electronic invoices for B2B and B2G transactions. Those under the mandatory e-invoicing regime must generate e-waybills for […]

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Posted January 8, 2024 by Dilara İnal
India: E-waybill issuance without e-invoice details blocked

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, it is mandatory for taxpayers exceeding a certain threshold to generate electronic invoices for B2B and B2G transactions. Suppliers falling within the mandatory scope of e-invoicing must generate e-waybills relating […]

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Posted December 7, 2023 by Dilara İnal
India: B2C transactions under consideration for mandatory e-invoicing

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 through platforms accredited by the tax authority. Taxpayers exceeding a specific revenue threshold must issue their invoices in compliance with this system. This Continuous Transaction Control (CTC) system is anticipated […]

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Posted October 11, 2023 by Dilara İnal
India: New e-invoice download functionality

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, it is mandatory for taxpayers exceeding a certain threshold to generate electronic invoices for B2B and B2G transactions. With this recent update, both suppliers and buyers now have the capability […]

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Posted September 15, 2023 by Dilara İnal
India: E-invoices must be reported within 30 days from November 2023

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 November 1, 2023, taxpayers with an annual turnover of at least Rs 100 Crores will not be able to send e-invoices older than 30 days to the IRP. All document […]

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Posted May 15, 2023 by Dilara İnal
India: New threshold for mandatory e-invoicing announced

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 system. As of 1 August 2023, taxpayers with at least Rs 5 Crores turnover [approx. USD 600,000] must generate e-invoices according to the e-invoicing system. The GST e-invoicing system in […]

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Posted May 8, 2023 by Dilara İnal
India: Time limit for sending e-invoices to the IRP postponed

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 issued by the Goods and Services Network (GSTN) to be originally effective as of 1 May 2023. According to advisory decision, taxpayers with an annual turnover of at least Rs […]

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Posted April 17, 2023 by Dilara İnal
India: New time limit for e-invoices

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 need to be reported within 7 days from their issuance. In India, B2B and B2G invoices are subject to mandatory e-invoicing for taxpayers who has an annual turnover of at […]

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Posted March 2, 2023 by Dilara İnal
India: New Invoice Reporting Portals

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 the taxpayer (or their Accredited Service) Providers and the tax authority backend platform called the GST Portal for the purposes of e-invoice issuance. Until the new 4 were IRPs announced, […]

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Posted August 3, 2022 by Selin Adler Ring
India: New Taxpayers to Comply with E-invoicing Rules

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 Taxes and Customs Notification No. 17/2022 – Central Tax, from 1 October 2022 compliance with the e-invoicing rules will be mandatory for taxpayers with an annual threshold of 10 Cr. […]

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Posted July 19, 2022 by Selin Adler Ring
India: E-invoicing Scope Expected to be Expanded

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 more and more taxpayers over time. At its current stage, e-invoicing is mandatory for taxpayers with an annual turnover of 20 Cr. rupees or more. On 18 July 2022, the […]

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Posted March 1, 2022 by Selin Adler Ring
India Expands E-invoicing Scope From 1 April 2022

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 the threshold for mandatory e-invoicing. In India, e-invoicing is mandatory for taxpayers when exceeding a specific threshold (businesses operating in certain sectors are exempted). The current threshold for mandatory e-invoicing […]

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Posted July 27, 2021 by Robert Pelletier
Kerala, India – Flood Cess Expiration August 1, 2021

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 subject to GST.  The Flood Cess is set to expire on August 1, 2021.  The implementing regulation can be found here.

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Posted July 14, 2021 by Selin Adler Ring
INDIA: QR code requirement for B2C invoices has been deferred once more

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 is a separate requirement: taxpayers with an annual threshold of 500 Cr. rupees or more must include a self-generated dynamic QR code on B2C invoices. Even though this requirement was […]

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Posted September 11, 2020 by Selin Adler Ring
India: New release notes available for e-invoicing reform

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 recently, new release notes have been published on the API Sandbox web page on 8 September 2020.  The changes introduced include for example: • E-Commerce Operators (ECO) have been enabled […]

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