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.
In this background, KPMG in India is hosting a live webinar on Tuesday, 8 December 2020 at 3.00 p.m. to 4.30 p.m. to discuss the following:
We look forward to your participation.
In order to facilitate a productive Q&A session, we encourage you to send us your questions prior to the webinar, by clicking on the link provided below.
Partner and Head Indirect Tax – KPMG in India