Mandatory e-invoicing for registered persons having turnover exceeding Rs 50 crores w.e.f 01st April 2021

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E-invoice under GST applicability turnover w.e.f. 01/04/2021

Update on 08/03/2021 : E-invoice under GST applicability turnover
CBIC issued Notification No. 05/2021–Central Tax, dated 08th March, 2021, revising turnover threshold for applicability of E-invoice. As per the notification w.e.f. 01/04/2021, e-invoicing shall be applicable to the registered person having aggregate turnover exceeding Rs. 50 crores in a financial year.

Turnover limit up to 31/03/2021 for e-invoice
The CBIC vide Notification No. 88/2020–Central Tax dt 10th November 2020 has amended Notification no 13/2020 dt 21st March 2020,  and revised turnover limit for applicability of e-invoicing. As per the notification e-invoicing shall be applicable in case of registered person having aggregate turnover exceeding Rs 100 crores in a financial year, with effect from 1st January 2021. Earlier turnover limit prescribed vide Notification No. 61/2020–Central Tax dt 30th July 2020 was Rs. 500 crore in a financial year. 

E-invoicing under GST notification 05/2021-cgst 08/03/2021

e-invoicing for registered persons having turnover exceeding Rs 50 crores w.e.f 01st April 2021

Mandatory e-invoicing for registered persons having turnover exceeding Rs 50 crores w.e.f 01st April 2021


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