Updated scope of affected businesses

 

According to previous announcements, all businesses with yearly revenues of Rs 100 crore (approx. 13 million EUR) or more were mandated to start issuing invoices electronically starting from 1st October 2020. This threshold has now been raised to Rc 500 crore (approx. 56 million EUR). This means that in the initial phase of the new e-invoic…

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