The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today i.e. June 22, 2024.
The threshold for reporting of B2C inter-state supplies invoice-wise in Table 5 of FORM GSTR-1 is recommended to be reduced from Rs 2.5 Lakh to Rs 1 Lakh.
The Press Release can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/PIB2027982.pdf