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e-Invoicing Extended To Businesses Above Rs 20 Crore Turnover | GST Updates

e-Invoicing was one of the major initiatives in GST. It aims to curb GST evasion and eventually contribute to higher GST collections. Till now, we have witnessed the implementation of three phases of e-invoicing in India. Now, it’s time for the fourth phase of e-invoicing. The department recently extended the e-invoicing to businesses with more than Rs 20 crore turnover. Watch this video till the end to know the impact of e-invoicing on such businesses and how they should get ready for it. For more details on e-invoicing: https://cleartax.in/s/e-invoicing-gst For e-invoicing resources: https://cleartax.in/s/resources#einvo... Click on the below link to request a demo of Clear e-invoicing: https://cleartax.in/s/e-invoicing-ent... This video covers: 00:00 Introduction 01:04 Who must comply with e-invoicing? 01:47 e-Invoicing impact on business processes 03:21 Consequences of not generating e-invoices 03:53 Get ready with Clear e-Invoicing Solution To help individuals and businesses like you, we create various videos related to taxes, savings and finances. 💰 Subscribe to get clear explanations of finance concepts: https://www.youtube.com/cleartaxindia... → Watch next – The Multi-Dimensional Effect of e-Invoicing on Business Processes | Clear e-Invoicing Solution (   • The Multi-Dimensional Effect of e-Inv...  ) → Recommended Playlist – All about e-invoicing under GST (   • The Multi-Dimensional Effect of e-Inv...  ) Let’s connect: IG –   / clearfromcleartax   Twitter –   / clearfromct   FB –   / clearfromcleartax   Linkedin -   / clearofficial   #eInvoicing #PhasesofeInvoicing #4thPhaseofeInvoicing #eInvoicingExtended #FreeeInvoicingSoftware #eInvoicingMadeEasy #eInvoicingwithClear #CleareInvoicingSolution #IRP #IRN #LatestGSTFeatures #GSTAnnouncements #GST #GSTUpdates