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Key Highlights Of GST Notification And Clarification Circulars In April 2023

Updates:
– Taxpayers with an aggregate turnover of INR 1 billion or more must generate IRN on the E-Invoice portal within seven days of issuing eligible documents.
– Bank account validation is now integrated with the GST system, with notifications sent to registered email and mobile numbers.
– RFN is under development to verify offline communications from State GST authorities, with pre-login and post-login options to confirm details.

Source Mondaq

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