The new GST electronic invoice system is aimed at reducing GST manipulations through fake invoices, but the changes that the government is bringing to the system are posing challenges to businesses on the technology and cost front.
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Singapore, 6 November 2019 - Ricoh Asia Pacific Pte Ltd. ("Richo Asia Pacific"), today announced the appointment of WeP Solutions Limited("WeP") as an authorized distributor for Rico printing solutions in India.
The new GST electronic invoice system is aimed at reducing GST manipulations through fake invoices, but the changes that the government is bringing to the system are posing challenges to businesses on the technology and cost front.