Mandatory e-invoicing for taxpayers exceeding turnover of INR 20 crores from April 01, 2022

The CBIC vide Notification No. 01/2022 (Central Tax) Dated 24th Feb, 2022. has reduced the limit for E invoicing limit from 50cr to 20 Cr from 01st April 2022.

Now, w.e.f 01st April, 2022, every registered taxpayers whose aggregate (PAN based) turnover exceeds Rs. 20 crores in a Financial year shall now be mandatorily issue an e-invoice under the Goods and Services Tax.

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notfctn-01-central-tax-english-2022.pdf

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