It’s easier to track the “underground economy” with GST or e-invoicing. Some shady businesses might have closed because Customs and IRB are involved in the GST system. Since we can’t touch GST now, this govt plan to introduce e-invoice in stages, which should have a similar effect.
It’s easier to track the “underground economy” with GST or e-invoicing. Some shady businesses might have closed because Customs and IRB are involved in the GST system. Since we can’t touch GST now, this govt plan to introduce e-invoice in stages, which should have a similar effect.