The taxation sector is taking concerted efforts to have 70% of enterprises and business households using e-invoices generated from cash registers later this year under an initiative launched since December 15, 2022.
The taxation sector is taking concerted efforts to have 70% of enterprises and business households using e-invoices generated from cash registers later this year under an initiative launched since December 15, 2022.
While the government has made e-invoicing mandatory for firms with turnover above Rs 5 crore, stakeholders say such firms would face challenges in implementing the technology.
As many as 3,943 business establishments are set to roll out e-invoices generated from cash registers by March 2023, including 1,850 businesses and 2,093 business households.