Exams › IBPS PO › General Awareness

According to recent news, GST-registered businesses with an annual turnover of __________ or more will have to generate e-invoices for B2B transactions from October.

1. ₹1 crore
2. ₹10 crore
3. ₹50 crore
4. ₹20 crore

Correct answer: ₹10 crore

Solution

The e-invoicing requirement for B2B transactions was extended to GST-registered businesses with annual turnover of ₹10 crore and above. Hence, ₹10 crore is correct.

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