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India further extends the scope of the e-invoicing mandate

|India
India

Currently, India uses a clearance CTC model centred around the mandatory infrastructure Invoice Registration Portal (IRP). The gradual lowering of the threshold is a means of getting more taxpayers to transmit e-invoices and tax data using the mandatory portal.

 

Since 1 April 2021, taxpayers with revenues of INR 50 crores (ca. 5,6 million EUR) are obliged to issue e-invoices. The new mandate…

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