Impact of E-invoicing Regulation on Invoice Processing

As part of the Government of India’s directive, effective October 1, 2020, e-invoicing will be mandatory for organizations with a turnover of ₹100 crore. The government has shared an e-invoice format with complete schema, mandatory & optional fields, API details, and other important details on various GST portals. Additionally, it has launched goods and services e-invoice website and other trial sites for taxpayers.

In light of this, we would like to invite you to the webinar, where S Sriram, GM, Global SSC Practices, will help you understand the complete e-invoicing mandate, its impact and the next steps for you. Further, he will share insights on how you can manage your e-invoices as well as regular invoices using a single unified framework.

Key Topics to Be Discussed

• Get your basics right! Understand e-invoicing, the recent developments, and the perceived benefits
• Why the central government has amended the central goods and services tax rules, 2017 and introduced central goods and services tax (8th amendment) rules, 2019
• How you can prep up for the e-invoicing mandate
• Insights on sellers, invoice registration portal, and buyers’ function
• Functional changes planned to be executed in Newgen’s invoice processing application (for existing customers)
• How risks and timelines associated with the current mode of operations will go away, ensuring faster, better and accurate invoice processing

Who should attend? 

• Chief information officers
• Chief financial officers
• Chief executive officers
• Chief digital transformation officers
• IT heads