GST E-Invoice mandatory for entities having Turnover of Rs. 20 Crores: CBIC reduces threshold limit [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) notified the reduction in the Applicability of GST E-invoicing threshold from Rs.50 Crores to Rs.20 Crores with effect from April 1, 2022. ‘E-invoicing’ facilitates the exchange of the invoice document (structured invoice data) between a supplier and a buyer in an integrated electronic format by way […]
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