GST e-invoicing for businesses with Rs 500-cr turnover from Oct 1

NEW DELHI: The government will notify a new  GST  e-invoice scheme under which businesses with turnover of Rs 500 crore and above will generate all invoices on a centralised government portal starting October 1, an official said on Thursday. Earlier, the turnover threshold for businesses was set at Rs 100 crore.  CBIC  Principal Commissioner (GST) Yogendra Garg said the existin…