Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: GST Exemption on Residential Lease Applies When Building is Sub-Leased for Hostel/PG Use  ||  Rajasthan High Court: Universities Cannot Retain Students’ Original Documents for Pending Fees  ||  NCLT: Damages from Contractual Disputes Cannot Form Basis for Initiating Insolvency Proceedings  ||  Del HC: Pre-SCN Consultation is Unnecessary in Large-Scale GST Fraud Cases with Complex Transactions  ||  Calcutta HC: Unilaterally Appointed Arbitrator Violates Natural Justice and Sets Aside the Award  ||  Raj HC Upholds Padmesh Mishra’s AAG Appointment, Noting Advocacy Skill isn’t Tied to Experience    

CBIC: GST E-Invoice Mandatory For Entities Having Turnover of Rs. 20 Crores - (25 Feb 2022)

GOODS AND SERVICES TAX

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. It means that e-invoicing is mandatory for taxpayers having a turnover of more than Rs. 20 crore.

Tags : CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS   E-INVOICING   REDUCTION IN THRESHOLD LIMIT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved