https://www.123articleonline.com/rss/author/308462/busy-softwareArticles written by busy software from 123ArticleOnline.comen-usCopyright (c) 123ArticleOnline.com All rights reserved. https://www.123articleonline.com/articles/1236365/all-you-need-to-know-about-the-gst-bill Goods and Services Tax, or GST is basically an indirect form of tax which replaced several indirect taxes in India like VAT, excise duty, state cess, service tax, etc. The drafting of the bill was initiated in the year 2000 during the administration of Mr. Atal Bihari Vajpayee. Though it was passed 17 years later, i.e., on 29th March 2017 in the Parliament and came into effect on 1st July 2017. https://www.123articleonline.com/articles/1235639/everything-you-need-to-know-about-e-invoicing Invoice tracking in real-time With e-invoicing, suppliers will get real-time tracking of their invoices. This will help suppliers to get Input Tax Credit (ITC) faster.