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Another GST taxpayer group expected to adopt e-invoicing by 2024

||India
India

Currently, the Goods and Services Tax (GST) is taking steps to implement e-invoices, which will eventually lead to the dispensing of the e-way bill system. Taxpayers with turnovers above INR 1.5 crores (ca. EUR 168 000) will be mandated to use e-invoicing as part of the initiative. Moreover, the new requirement will probably affect taxable persons mentioned from next year onward.

 

Since the government began implementing e-invoicing a few years ago, the scope has grown gradually. The propos…

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