The matter has been taken up by the government and could be allowed once the trial period is over, says officialThe government may allow ecommerce players such as Amazon and Flipkart to upload e-invoice for vendors under the goods and services tax (GST) framework.
The clarification shared as part of ongoing trials of e-invoicing says that ecommerce operators can request e-invoice on behalf of the supplier.
The e-invoice helps streamline the indirect tax system and keeps a check on tax evasion.
From Jan 2020, companies with an annual turnover of more than INR 500 Cr will begin using e-invoice.
The e-invoice system of uploading invoices on government portal will be mandatorily rolled out for businesses with turnover over INR 100 Cr from April 1. | To read full story, visit https://startuparound.com/read/1578119408.3176243/Govt-May-Let-Amazon,-Flipkart-Upload-E-invoice-For-Vendors?ref=audio_experience