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CBIC clarified there is no proposal to reduce E-invoicing threshold limit to Rs 5 Cr w.e.f January 01, 2023

As per the recent tweet by the CBIC, started that the Some news reports have appeared in media today suggesting that though GST Council has recommended reducing threshold for generation of e-invoice to Rs.5 cr w.e.f. January 01, 2023, the Government has yet to issue notification in the matter, giving rise to uncertainties amongst the taxpayers.

Source a2ztaxcorp

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