Regulatory Analysis

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 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 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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