Two significant changes in E-Invoicing:
1. Mandatory 2-Factor Authentication: Starting November 1, 2023, all taxpayers with an Aggregate Annual Turnover (AATO) exceeding Rs 20 Crores will be required to implement 2-Factor Authentication for their E-Invoicing processes. Stay compliant and secure your transactions!
2. New Time Limit for Reporting Invoices: The GST Authority has introduced a crucial time limit for reporting invoices on E-Invoice portals. If your AATO is greater than or equal to 100 Crores, you must report invoices within 30 days from the date of the invoice.
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