CBIC notification about e-invoice schema, mandatory e-invoicing to be released by next week
MANGALURU: The Central Board of Indirect Taxes and Customs (CBIC) will in a week’s time come out with a notification about implementing e-invoicing, a form of electronically-authenticated invoices, from October 1 only for businesses with turnover of Rs 500 crore or more, a top official said at in ASSOCHAM webinar on Thursday. “The QR codes are definitely not happening on October 1 but the e-…