Curbing GST evasion: E-invoicing has a long way to go, say experts

The Centre will extend it to companies with at least a Rs 100-crore turnover in January and for all companies in April next year for B2B transactions.

Almost four years ago Prime Minister Narendra Modi had said the “kacha bill” (fake bills) and “pakka bill” (genuine bills) system in our country had helped mobilise black money. He had pinned hopes on goods and services tax (GST), in the works then, to help put an end to this.
 
He had said this during a debate on the Constitution (122nd Amendment) Bill on GST in Parliament on December 9, 2016.
 
Seven months later, GST was born. And now, over three years have gone since the introduction of the tax, and yet a number of shops do not