Electronic Invoicing (e-Invoicing) simplifies B2B, Export, and Credit/Debit Note invoices . GSTN validates them for effortless use on the common GST portal.
Its key aim: streamline invoicing, reduce data reconciliation issues, and auto-populate returns, making Input Tax Credit more accessible to taxpayers.
Starting August 1, 2023, e-invoicing becomes mandatory for businesses with a turnover of 5 crores or more.
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