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HomeGST NEWSGST e-invoicing mandatory from January 1, 2021 if turnover exceeds Rs 100...

GST e-invoicing mandatory from January 1, 2021 if turnover exceeds Rs 100 cr

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The CBIC has notified that GST e-invoicing is mandatory from January 1, 2021 for firms whose turnover exceeds Rs 100 crore. Earlier the limit was Rs.500Crore. this will bring large number of medium enterprises under GST e-invoicing regime. It is expected that it will be made available to all taxpayers for B2B transactionsfrom 1st April 2021.

https://economictimes.indiatimes.com/small-biz/gst/gst-e-invoicing-mandatory-from-january-1-2021-if-turnover-exceeds-rs-100-cr/articleshow/79165600.cms

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