The Government of Karnataka on May 16, 2023, issued an amendment to Notification No. (07/2020) No. FD 03 CSL 2020 (e), dated March 27, 2020, states the preparation of invoices and other prescribed documents for registered persons.
The following has been amended namely: -
The registered person whose aggregate turnover in a financial year exceeds five crore rupees, as a class of registered person shall prepare an invoice and other prescribed documents in respect of the supply of goods or services or both to a registered person.
This shall be in effect from August 01, 2023
[Notification No. 07/2023]
