Webinar on e-invoice - Overview, business impact and practical challenges in e-invoice
Date: 10 December 2020 | Time: 3.00 p.m. to 4.30 p.m. (IST)
As you are aware, the Government has recently implemented the system of e-invoicing in India (with effect from 1 October 2020). At present, this requirement is applicable only to taxpayers with aggregate turnover exceeding INR500 crore for any financial year (2017-18 onwards). As a next step, the Government has notified that, with effect from 1 January 2021, e-invoicing provisions shall be applicable to all taxpayers with aggregate turnover exceeding INR100 crore.
It is necessary to understand the impact of e invoicing on business operations and ensure readiness of Company IT systems for a seamless transition to e-invoicing.
KPMG in India hosted a live webinar and discussed the following:
- Overview of e-invoicing including legal provisions, transactions covered, process involved, impact on GST returns, ITC availment etc.
- Live demonstration on how e-invoice is generated
- Discussions based on various Government FAQs
- Action plan for taxpayers to ensure readiness to go live.
Partner and Head Indirect Tax – KPMG in India