Q9 · UPSC current affairs · 12 October 2026 · News · GST e-Invoicing Services Imports Unregistered Companies

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Consider the following statements regarding the proposed GST e-invoicing framework changes:1.The new mandate targets imported services from unregistered foreign entities.2.The requirement applies to domestic recipient businesses with an aggregate annual turnover exceeding 500 crore rupees.Which of the statements given above is/are correct?

A 2 only
B Neither 1 nor 2
C Both 1 and 2
D 1 only

Correct answer: (d) 1 only

Explanation

Statement 1 is correct since the government is proposing to bring imported services from unregistered foreign entities under the GST e-invoicing framework. Statement 2 is incorrect because the threshold specified in the notes is an aggregate annual turnover exceeding 5 crore rupees, not 500 crore rupees.

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