E-Invoice from October 1, 2022
This query is : Resolved
01 October 2022
If somebody created a new company in FY 21-22 and turnover for FY21-22 was less than 10 CR, will e-invoice be applicable if the current year FY 22-23 (From Apr 22 to Sep 22) turnover exceeds 10 CR,
Will E-invoicing be mandatory from 1st October 22 in this case or will it become mandatory in next FY 23-24 only (i.e starting April 23).
All literature mentions previous years turnover and their is no mention of current year anywhere.
Will E-invoicing be mandatory from 1st October 22 in this case or will it become mandatory in next FY 23-24 only (i.e starting April 23).
All literature mentions previous years turnover and their is no mention of current year anywhere.
CA R SEETHARAMAN
(Expert)
01 October 2022
Not applicable for the current year.
From 1st October 2022, the government made e invoicing mandatory for businesses with a total annual turnover of more than Rs. 10 crore in any previous financial year from 2017-18 to 2021-22
From 1st October 2022, the government made e invoicing mandatory for businesses with a total annual turnover of more than Rs. 10 crore in any previous financial year from 2017-18 to 2021-22
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