The Government vide its Central Tax Notification No. 17/2022 dated 01.08.2022 has made issue of E-Invoice mandatory for all registered persons whose aggregate turnover in any financial year from 2017-18 exceeds Rs.10 Crores. In case the aggregate turnover of your GST Registration exceeds Rs.10 Crores in any of the aforementioned Financial Years, issue of E-Invoice is applicable to your GST Registration. E-Invoice is to be generated on all outward supplies to a registered person and for Exports from 01.10.2022.
Applicability of E-invoice based on the Aggregate Turnover of the Registered Person:-
| Category of taxpayers | With effect from |
|---|---|
| Registered persons whose aggregate turnover in any preceding FY from 2017-18 onwards exceeds Rs.500 crore | 01.10.2020 |
| Registered persons whose aggregate turnover in any preceding FY from 2017-18 onwards exceeds Rs.100 crore | 01.01.2021 |
| Registered persons whose aggregate turnover in any preceding FY from 2017-18 onwards exceeds Rs.50 crore | 01.04.2021 |
| Registered persons whose aggregate turnover in any preceding FY from 2017-18 onwards exceeds Rs.20 crore | 01.04.2022 |
| Registered persons whose aggregate turnover in any preceding FY from 2017-18 onwards exceeds Rs.10 crore | 01.10.2022 |
