S1: Under GST, e-invoicing is mandatory for businesses with an aggregate turnover exceeding ₹5 Crores. S2: E-invoicing applies to B2C (Business to Consumer) supplies. Which statement(s) is/are correct? MCQ with Answer and Explanation
S1: Under GST, e-invoicing is mandatory for businesses with an aggregate turnover exceeding ₹5 Crores. S2: E-invoicing applies to B2C (Business to Consumer) supplies. Which statement(s) is/are correct?
A. Both S1 and S2
B. Neither S1 nor S2
C. S2 only
D. S1 only
Answer: Option D
Solution (By JKSSB Mock Tests)
S1 is correct as the limit was reduced to ₹5 Crores. S2 is incorrect because e-invoicing is applicable only to B2B supplies and export of goods/services, not B2C supplies.
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