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e-Invoicing is mandatory for businesses with 10 Cr+ turnover. Likely to be mandatory from Jan 2023 for businesses with 5 Cr+ turnover

Summary

The 50th GST Council Meeting, held recently, witnessed significant decisions and clarifications pertaining to various aspects of the Goods and Services Tax (GST) system in India. The Council deliberated on several crucial matters to bring more clarity and streamline the taxation process for businesses and individuals alike.

This blog provides a concise overview of the key decisions taken during the meeting, shedding light on notable changes and clarifications that will impact taxpayers.

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