Question

    Recently, GST Council has decided to generate GST

    e-invoices for B2B transactions for those GST-registered businesses with annual turnover of more than ______?
    A Rs 5 crore Correct Answer Incorrect Answer
    B Rs 10 crore Correct Answer Incorrect Answer
    C Rs 15 crore Correct Answer Incorrect Answer
    D Rs 20 crore Correct Answer Incorrect Answer
    E Rs 25 crore Correct Answer Incorrect Answer

    Solution

    • GST-registered businesses with annual turnover of more than Rs 5 crore will soon have to generate electronic invoices for B2B transactions.
    • Currently, businesses with turnover of over Rs 20 crore will have to generate e-invoices for B2B transactions.

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