IN 2018, Republic Act No. 10963, or the Tax Reform for Acceleration and Inclusion Law, introduced the mandatory use of electronic receipts, sales and commercial invoices, in lieu of manual receipts, ...
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GST to eliminate fake billing and fraudulent ITC claims; traders should know the benefits of the e-invoicing system.
The e-invoice system was introduced to make the Goods and Services Tax (GST) regime more transparent and technology-driven.
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