New GST Rule in effect from May 1st 2023 for Businesses with 100 Crore and above Turnover

GST Rule - GST - New GST Rule in effect from May 1st 2023 - Businesses - Businesses with 100 Crore and above Turnover - Turnover - Taxscan

The Government of India has introduced a new rule for businesses with turnover above 100 crores from May 1st 2023. The Goods and Services Tax Network (GSTN) has stated businesses have to upload their electronic invoices on Invoice Registration Portal (IRP) within 7 days of the issue of such invoices. In order to ensure that…

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