Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>New Threshold for Reporting Inter-State Supplies to Unregistered Dealers Lowered to Rs. 1 Lakh Effective July 2024.</h1> The government has revised the threshold for reporting invoice-wise details of inter-state taxable outward supplies to unregistered dealers from 2.5 lakh to 1 lakh rupees. This change, effective from July 10, 2024, under Notification No. 12/2024, requires reporting in Table 5 of Form GSTR-1 and Table 6 of GSTR-5. The updated reporting functionality is under development and will be available soon. Until then, taxpayers should continue reporting supplies exceeding 2.5 lakh rupees in the specified tables.