E-Invoice Threshold
Definition
The aggregate turnover above which B2B e-invoicing is mandatory under GST, requiring invoices to be registered on the Invoice Registration Portal to obtain an IRN. The threshold has been lowered in stages and should be checked against the current notification.
Related Terms in India GST
GST Suvidha Provider (GSP)
An authorised intermediary that connects businesses and software to the GST Network's systems for filing returns, generating e-way bills and registering e-invoices. GSPs provide the secure API layer many compliance tools build on.
GSTN (GST Network)
The organisation and technology platform that runs the IT backbone of India's GST — registration, return filing, tax payment and the ledgers. It is the system taxpayers and their software interact with for GST compliance.
ARN (Application Reference Number)
A unique number issued to acknowledge an application on the GST portal — for registration, amendment, refund or similar. It is used to track the status of the application until it is processed.
GST Registration Cancellation
The process of ending a GST registration, either voluntarily (business closed, turnover below threshold) or by the department (non-filing, fraud). A final return in GSTR-10 is required to settle tax on stock held at cancellation.
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