CBIC reduces E-invoicing limit 5 cr from existing limit of 10 cr w.e.f. August 01, 2023

The CBIC issued Notification No. 10/2023–Central Tax dated May 10, 2023 to amend Notification No. 13/2020 – Central Tax, dated March 21, 2020 to decrease the E-invoicing aggregate turnover limit from 10 crore to 5 crore w.e.f. August 01, 2023.

The Notification can be accessed at: https://egazette.nic.in/WriteReadData/2023/245793.pdf