HVS Solutions

Electronic Invoice was launched under the Goods and Service Tax in October 2020 for Business to Business transactions. That the minimum threshold was ₹500 crore at the time of announcements, then it was reduced to ₹50 Crore. Through the official notification 01/2022 which is published on 24th February 2022, it is said by the Central Board of Indirect Taxes & Custom that the minimum threshold is going to be ₹20 Crore from 01 April 2022.
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