e-invoice quiz

As per the recent updates, What is the threshold limit for e-Invoice applicability?

• 500 Cr.
• 100 Cr.
• 50 Cr.
• 20 Cr.

Which financial year aggregate turnover to be considered for e-Invoice threshold calculation?

• Financial year in which GST was introduced (17-18)
• Last Financial Year (21-22)
• Any previous Financial Year (After GST implementation)
• Last 2 Financial Year

What should be base of aggregate turnover for the calculation of threshold limit under e-Invoice?

• PAN based aggregate turnover
• Branch wise aggregate turnover
• GSTIN wise aggregate turnover

What kind of transactions are required to be supported with e-Invoice?

• Business to Business
• Business to Customer
• All of the above

Do I need to generate e-Invoice for NIL-rated and wholly exempt supplies?

• Yes
• No

Which of the segment is covered under e-Invoice?

• Manufacturing
• Trading
• Service
• All of These

Which document is covered under e-Invoice?

• Tax Invoice
• Bill of Suply
• Both

While creating API user on e-Invoice portal, which need to be selected as GSP?

• Tally Solutions Pvt. Ltd.
• Tally India Pvt. Ltd.
• Tally Education Pvt. Ltd.
• Tally GST India Pvt. Ltd.

Is there any fixed position prescribed by department to print QR code?

• Top - Right on the e-Invoice
• Top - Left on the e-Invoice
• No Fixed position prescribed by department

What is the maximum number of line item which can be reported in an e-invoice?

• 500
• 999
• 1000
• 250