News
E-invoicing: Will government's response to GST frauds be effective?
- Date:
- June 24, 2019
- Source:
- Business Today
Facing the uphill task of fixing revenue leakages due to fake invoicing under the Goods and Services Tax (GST) regime, the government has given its nod to e-invoicing, an electronic system to generate invoices and simultaneously getting it verified by a government agency. At the press briefing after the conclusion of the 35th GST Council meeting, the revenue secretary Ajay Bhashan Pandey said that…