E-Invoice applicability for new Startup
This query is : Resolved
23 April 2026
New Firm Incorporate on 01/04/2026 means in F.Y 26-27
Sales have started from April. After 10 months, the sales will exceed ₹5 crore. In that case, should e-invoicing be started only once the ₹5 crore threshold is crossed, or does it need to be started from now?
Sales have started from April. After 10 months, the sales will exceed ₹5 crore. In that case, should e-invoicing be started only once the ₹5 crore threshold is crossed, or does it need to be started from now?
23 April 2026
Since this is a new firm incorporated on 01.04.2026, e-invoice is not required from day one. E-invoicing applicability is checked based on aggregate annual turnover in any preceding financial year. If the firm crosses the ₹5 crore threshold during FY 2026-27 itself, then e-invoicing would ordinarily become applicable from the beginning of the next financial year, i.e. 01.04.2027, and not from the date of crossing during the same year. However, once applicable, it must be followed for covered documents such as B2B invoices, debit notes and credit notes.
One caution: e-invoicing is for covered transactions like B2B, exports, debit notes and credit notes, not normal B2C invoices.
One caution: e-invoicing is for covered transactions like B2B, exports, debit notes and credit notes, not normal B2C invoices.
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