To cover more Registered persons (other than SEZ unit and those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules), under E-invoicing, the government has reduced the Aggregate turnover limit from Rs 100 crores to Rs. 50 crores by Notification no. 05/2021-CT, dated 8th March 2021.
Dates as and when the change in limit has taken place: –
| From | To | Aggregate turnover over which e-invoicing is applicable | Notification no. |
| 1st Oct 2020 | 31st Dec 2020 | 500 crores | 61/2020-CT, dated 30th July 2020 |
| 1st Jan 2021 | 31st March 2021 | 100 crores | 88/2020-CT, dated 10th November 2020 |
| 1st April 2020 and onward | 50 cores | 5/2021-CT, dated 8th March 2021 |
The registered person shall prepare invoice and other prescribed documents as per Rule 48(4), for the supply of goods and services or both to a registered person or for export under E- invoicing if his aggregate turnover in the preceding financial year from 2017-18 onward exceeds fifty crores rupees.
This Notification shall be applicable from 1st day of April 2021.
Cases in which E-invoicing is required: –
| S.no. | Seller (having turnover more than 50 crores) | Buyer | E invoicing |
| 1 | Registered | Unregistered person | No (QR codes needs to be generated for Turnover more than 500 cores) |
| 2 | Registered | Registered person | Yes |
| 3 | Registered | Exempted goods | No |
| 4 | Registered | Credit notes/Debit notes to registered | Yes |
| 5 | Registered | Credit/debit notes to unregistered | No |
| 6 | Registered | Exports | Yes |
| 7 | SEZ Unit | Any person | No |
| 8 | An insurer or a banking company or a financial institution | Any person | No |
| 9 | Supplying goods transport agency supplying services in relation to transportation of goods by road in a goods carriage | Any person | No |
| 10 | Supplying passenger transportation service | Any person | No |
| 11. | Providing admission to exhibition of cinematographic films in multiplex screens | Any person | No |
