What is GST exemption in invoice template and how does it work?

GST exemption in one of the GST settings where GST can be exempted for invoice as per the exemption threshold amount set. Hence GST will be applicable only if the total of GST items exceeds the threshold limits. Steps to be followed to set GST exemption in invoice template:

1. Menu>> Accounts >> Invoicing >> Raise invoices >> In the existing template click on the pencil icon

 
2. Click on Item & Tax Settings section 

3. Under Tax Settings, Click on Apply GST exemption on this template >> Select the Exemption Applicability, Invoice level Or Item level >> Enter the exemption Threshold amount >> Save.