The government recently announced 1 April 2020 as the date of implementation of the e-invoicing system for B2B transactions for businesses with an aggregate turnover exceeding INR 1bn.
Considering that the voluntary system will commence from 1 January 2020, the GSTN has also released the following documents in the public domain:
- Presentations made by the GSTN team at various workshops across India.
- Additional and updated FAQs on the e-invoice concept, flow and schema.
- List of application program interfaces (APIs) and the proposed methodology of interaction with the Invoice Registration Portal (IRP).
- JSON schema for e-invoice.
Changes have been made to the previous clarification based on industry feedback, and various aspects are expected to evolve further.
This development underlines the government’s aim to introduce a mandatory e-invoicing system from
1 April 2020 onwards. As this is a major business change, the industry should start preparing on an immediate basis to meet the deadline.
Given this background, we would like to invite you to a webinar on the key updates based on the documents released by the GSTN as well as the next steps.
Details of the webinar are provided below.
|Date and time||Monday, 6 January 2020 | 2.30 pm to 3.30 pm (IST)|
Partner and Leader, Indirect Tax
Partner, Indirect Tax
|Audio bridge link (for only audio):|
Dial in: +91-22-48798000 or 1800-103-6482
Participant audio PIN: 84394247#
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