India Reduces Threshold for Mandatory E-Invoicing
India's Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 10/2023 on 10 May 2023, which reduces the turnover threshold for mandatory e-invoicing for GST purposes. With effect from 1 August 2023, the threshold is reduced from INR 100 million to INR 50 million.
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