The practice among small businesses of issuing ‘kacha bills’ or informal sales invoices to under-report turnover is likely to become a thing of the past with the government quietly extending the scope of e-invoicing to ever more businesses.
The requirement of e-invoicing live reporting of business-to-business transactions to a government portal which is being applied to ever more small businesses is set to make it harder to keep their final retail sales under wraps as the wholesale purchases have already been reported to the authorities.
Source from: https://www.livemint.com/news/india/gst-e-invoices-spell-end-to-sales-underreporting-11615828155969.html