E-invoicing Process
E-invoicing is a new reform which entails the generation of invoices in an electronic format, which facilitates machine readability across ERP and tax systems.
E-invoice: best practices – Part 2
What is the best time to cancel an e-invoice for the supply of goods?
E-invoice – best practices
In case of supply of services, Rule 47 of CGST Rules 2017, Part A – Chapter VI is self-explanatory. In case of goods, however, there is a physical goods movement where the tax officials can do a scrutiny of the document / supply. With the revised Rule 48 (Manner of issuing invoice), the supply would be deemed to be invalid if e-invoicing is applicable but not yet done.