GST

Discuss legal requirements, formalities, approvals, and Taxation
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NIHAL
Posts: 32
Joined: April 21st, 2023, 4:19 pm

What are the advantages of e -invoice for businesses?
aditya9496
Posts: 66
Joined: May 3rd, 2023, 2:45 pm

Ans.e-invoice has many advantages for businesses such as Auto-reporting of invoices into GST return, auto-generation of the e-way bill (where required).

e-invoicing will also facilitate standardization and interoperability leading to reduction of disputes among transacting parties, improve payment cycles, reduction of processing costs, and thereby greatly improving overall business efficiency
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