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GST E-Invoicing Phase 3: Rs 50-Crore Turnover Threshold To Apply From April 1

India is set to roll out the third phase of mandatory electronic invoicing under the goods and services tax regime from the start of the next financial year. Registered businesses having turnover above Rs 50 crore will have to mandatorily issue electronic invoices for notified business-to-business transactions from April 1, according to a government notification.

Source: bloombergquint.com

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