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Sunday, December 22, 2024 | 09:25 PM ISTEN Hindi

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Will e-invoicing weed out fake invoices and bills even at the retail level?

The expert view is that it will be easier for the retail industry to dodge the system and evade taxes, than it will for the durables sector

GST, goods and services tax
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Indivjal Dhasmana New Delhi
Almost four years back prime minister Narendra Modi had said the 'kacha bill" and 'pakka bill' system (genuine and fake bills) in our country has helped mobilise black money. He had pinned hope on the then upcoming goods and services tax system 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. Almost eight months down the line, GST came into existence. And now, over three years have passed since the implementation of the tax, and yet a number of shops are not
Topics : GST

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