Now, the e-invoicing mandatory for taxpayers with a turnover more than Rs.20 Cr from 1st April 2022
Now, the e-invoicing system mandatory for taxpayers with a turnover more than Rs.20 crore from 1st April 2022... In time to come, all Taxpayers having turnover more than Rs. 5 crore, ready by October 1, 2022.
E Invoice under GST | ||||
Phase | 1 | 2 | 3 | 4 |
Effective date | 1st Oct 2020 | 1st Jan 2021 | 1st Apr 2021 | 1st Apr 2022 |
If AATO is more than | Rs 500 Crores | Rs 100 Crores | Rs 50 Crores | Rs 20 Crores |
Relevent GST Notification | No. 61 dated 30.7.20 | No. 88 dated 10.11.20 | No. 05 dated 08.03.21 | No. 01 dated 24.2.22 |