Seeks to implement e-invoicing for the taxpayers having aggregate turnover exceeding Rs. 5 Cr from 01st August 2023. - (07/2023) FD 20 CSL 2023 - Karnataka SGST
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E-invoicing threshold reduction narrows applicability to smaller taxpayers, expanding mandatory e-invoice coverage under state GST rules. Amends the state GST notification to lower the e-invoicing aggregate turnover threshold, widening the class of taxpayers required to generate e-invoices under the Karnataka Goods and Services Tax Rules by substituting the previous higher turnover threshold with a lower one and making the revised turnover criterion operative from the stated commencement date.
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Provisions expressly mentioned in the judgment/order text.
E-invoicing threshold reduction narrows applicability to smaller taxpayers, expanding mandatory e-invoice coverage under state GST rules.
Amends the state GST notification to lower the e-invoicing aggregate turnover threshold, widening the class of taxpayers required to generate e-invoices under the Karnataka Goods and Services Tax Rules by substituting the previous higher turnover threshold with a lower one and making the revised turnover criterion operative from the stated commencement date.
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