Daily updates from Odoo
Sunday, November 24, 2024
1 change
Enhancements to existing features
This update reflects a recent change in Indian government regulations regarding reporting of unregistered customer invoices. The reporting threshold has been reduced to ₹100,000 for invoices issued from November 2024 onwards, aligning Odoo with new tax requirements. This ensures accurate financial reporting for businesses operating in India.
Original PR description
The Indian government has revised the threshold limit for reporting inter-state invoices of unregistered customers in GSTR-1 from ₹250,000 to ₹100,000. With this PR, the threshold limits for unregistered customers (B2CL, B2CS, and CDNUR) are updated based on the invoice date: -For invoices dated before November 2024, the limit remains ₹250,000. -For invoices dated November 2024 or later, the limit is reduced to ₹100,000. task-4170878 Forward-Port-Of: odoo/enterprise#72446