GST
Posted: May 5th, 2023, 12:24 pm
What are the advantages of e -invoice for businesses?
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