E-invoicing under GST: Here’s all you need to know

Goods and Services Tax (GST) e-invoicing is the most discussed topic for businesses today. E-invoicing is a system wherein invoices are registered electronically by the Invoice Registration Portal (IRP) for use on the common GST portal. As per the latest notification, firms having an annual turnover above Rs 500 crore have been mandated to initiate generating their e-invoices w.e.f. 1 October 2020…