The Indian government mandated e-invoicing in 2020. This mandate was rolled out in 5 stages, with impacted businesses being segmented by annual turnover. There is one further mandate still to go live, for businesses with a turnover of more than 5 crores.
Non-compliance, intentional or not, can result in significant financial penalties, business disruption, and reputational damage.
Compliance is Complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?