/** * The main template file * * This is the most generic template file in a WordPress theme * and one of the two required files for a theme (the other being style.css). * It is used to display a page when nothing more specific matches a query. * E.g., it puts together the home page when no home.php file exists. * * @link https://developer.wordpress.org/themes/basics/template-hierarchy/ * * @package WordPress * @subpackage Tally * @since 1.0.0 */ ?>
With the latest amendment from the Central Board of Indirect Taxes and Customs (CBIC), businesses with an annual turnover exceeding Rs 5 crore would be required to generate e-invoices for all B2B transactions. As per the recent mandate, from 1st August 2023, e-invoicing will become mandatory for all registered persons whose aggregate turnover in any prior financial year from 2017-18 onwards exceeds 5 crores. Till now, businesses with a Rs 10 crore and above turnover are required to generate e-invoices for all B2B transactions.
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