Tag Archives: #DigitalRecordKeeping

How will E-invoices help businesses to accurately file their GST compliance?

E-invoices E-invoices can help businesses accurately file their GST (Goods and Services Tax) compliance in several ways: 1. Automation of invoice generation: E-invoicing systems automate the process of invoice generation, which can reduce the likelihood of errors or discrepancies in the invoice. The system generates invoices in a standardized format, which makes it easier for… Read More »

Is the requirement of an original invoice under GST mandatory? Is this if we take a digital invoice instead of taking an original invoice?

Is the requirement of an original invoice under GST mandatory Under GST, an original invoice is required for claiming input tax credit (ITC). However, a digital invoice, such as an electronic invoice (e-invoice) or an electronic bill of supply (EBS), is considered as an original invoice if it satisfies the prescribed requirements. To visit: https://www.gst.gov.in/… Read More »

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