GST E-Invoice

Soon, companies will have to provide e-Invoices if their yearly revenue exceeds 10 crore rupees and 5 crore rupees, respectively. In addition, companies with annual revenue of more than 20 crore rupees are required to use e-Invoices. During the five-year GST celebration on July 1, taxpayers again brought attention to the problem. Vivek Johri, the chairman of the Central Board of Indirect Taxes and Customs (CBIC), responded by saying, "One of the presenters mentioned decreasing the barrier for e-invoices to 5 crores, that is the decision already been made, and it is about to be implemented." According to Revenue Secretary…