August 1, 2023 E-Invoice Rules: What Large Companies (>5 Cr) Must Know
The ideology of e-invoicing for businesses is to help them reconcile the data in a more streamlined manner without risking the accuracy of the data. With its adoption, businesses can expect to attain interoperability within their operations. Furthermore, the details associated with the e-invoices can also be linked to be added automatically over the tax return forms or e-way bills, ensuring easy filing of taxes. But, as this new invoicing trend is being adopted by various businesses, the rules and regulations to it have also seen significant changes. So, if you are generating electrical bills in this digital era, be a bit more concerned about staying updated with the latest e-invoice rules & regulations associated with this flexibility. This shall [...]