E.KALAIKOVAN (Sr. Accounts Manager ) (340 Points)
12 December 2009More than 1000 invoices are coming per month for a few service providing companies. Is the print ouf of invoice mandatory for those companies which maintain records in electronic?
Shyam Lal Naik
(Service)
(6156 Points)
Replied 12 December 2009
Presently Yes.
Government is considering e invoicing, which will replace the physical records.
Sorabh Gupta
(Manager ( Taxation ))
(877 Points)
Replied 12 December 2009
Yes ,because sservice tax cedit is allowed on the basis of invoice & for invoice there are several criteria which have to be fulfilled . For that you can refer Rule 9 - CCR 2004
C. Bharat
(Manager ( Accounts ))
(22 Points)
Replied 22 December 2009
My question is
if einvoice is allowed by the dept then need invoices in PDF or word format or in tally itself it will wrok ?
CAclubindia
