News
Coming from January 1, machine-readable GST e-invoices
- Date:
- December 15, 2019
- Source:
- Business Line
Will avoid errors caused by manual entry of data, end duplication, and ease filing Beginning January 1, a game changing invoicing system will be introduced in the Goods and Services Tax (GST) system. A standardised protocol, powered by the Institute of Chartered Accountants of India (ICAI) and information technology, will enable machines to read electronic invoices. An e-invoice raised by a…