GST e-invoices spell end to sales under-reporting

The practice among small businesses of issuing ‘kacha bills’ or informal sales invoices to under-report turnover is likely to become a thing of the past with the government quietly extending the scope of  e-invoicing  to ever more businesses. The requirement of e-invoicing —live reporting of business-to-business transactions to a government portal—which is being applied to ever more smal…