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GSTN preparing to handle 3 billion invoices a month: Prakash Kumar

GSTN preparing to handle 3 billion invoices a month: Prakash Kumar

Thursday, March 16, 2017, 9:03 AM

Goods and Services Tax Network is preparing to handle as many as 3 billion invoices a month under new indirect tax regime, but will encourage entities that generate large volume of invoices to upload them daily to lessen the burden on the system. Timely uploading of invoices will help in matching returns, enabling taxpayers to claim input tax credit, says GSTN CEO Prakash Kumar.
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