What are the expected changes for the small businesses?
Never had we thought that the physical invoice copy can be done away with.
However, with the introduction of E-invoicing, this not only seems a possibility but a phenomenon that is soon going to happen. It is not only a technology change but also a process change.
The invoice data needs to be sent to the Government portal (Invoice Registration Portal-IRP), obtain Invoice Registration Number (IRN) and store it back in your system. The invoice generated needs to have signed QR Code on it.
In this webinar, we’ll look at e-invoicing as a starting point for the long journey which business entities need to undertake.
The far-reaching impact can be felt in the downstream activities such as the auto-population of e-invoice into GSTR-1, returns filing and reconciliation..
E-Invoicing is going to affect ITC reconciliation, E-Way Bill generation and vendor communication radically. Companies need to think the overall strategy instead of a one-time patch up.
Under the light of these changes, we are conducting a webinar with eminent GST Expert, CA Ashwini Gorhe on March 31st, 2021 at 11.00 a.m.
Register for the webinar today to save the seat.
*Limited Seats only