GST e-invoices jump threefold within a month of launch, shows data

Business Standard

The e-invoicing system under the goods and services tax (GST) regime got off to a smooth start, overcoming initial apprehensions, with invoice generation per day rising threefold within a month of its roll-out. About 2.4 million invoice reference numbers (IRNs), or e-invoices, are being generated daily now, compared with 800,000 on October 1, when it was made mandatory for entities with turnover o…

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