GST e-invoicing welcome step for midsize firms but might be a challenge for micro, small units: FISME

Ease of Doing Business for MSMEs:  Mandating businesses with over Rs 50 crore turnover (midsize firms) to generate e-invoices is a welcome move but it might be a problem for micro, and small businesses who don’t invest much in technology and lack digital literacy, according to Animesh Saxena, President, Federation of Indian Micro and Small & Medium Enterprises (FISME). E-invoicing was ear…