e-Invoice is a system in which B2B invoices are authenticated electronically by GSTN for further use on the common GST portal. Under the electronic invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal (IRP) to be managed by the GST Network (GSTN). All invoice information is transferred from …

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When will e-invoicing be introduced?

Annual turnover New date of mandatory implementation of e-invoice Exceeding 500 crore  1st October, 2020 Exceeding 100 crore 1st January,2021 Exceeding 50 crore 1st April,2021 Exceeding 20 crore 1st April,2022 Exceeding 10 crore 1st October, 2022 In the recent update, e-invoicing will be applicable for businesses with a turnover exceeding 10 crores from 1st October 2022

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