Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 370)
370.
What is the new turnover threshold for companies required to generate e-invoices for B2B transactions and exports under the updated GST rule?
Answer: Option
Explanation:
The new turnover threshold for companies required to generate e-invoices for B2B transactions and exports under the updated GST rule is ₹5 crore. The previous turnover threshold for e-invoicing under the GST rule was ₹10 crore. The CBIC announced the change in the GST e-invoice rule to boost tax collections and compliance under the GST regime.
Discussion:
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