E Invoice regarding
This query is : Resolved
18 March 2024
Dear Sir
We have received intimation for E invoice, in the intimation stating that 2017-18 shall issue e invoice tax payer with
aggregate turnover of Rs. 5 crores wef 01.8.23 on all B2B transaction. for the year 2023-24 whose turnover is exceeding 05 crores have to issue e invoice. so we little bit confusion but our turn over is not exceeding 05 crores hence please clarify the same.
Yours faithfully
Thanking you
Srinivasa Joshi
We have received intimation for E invoice, in the intimation stating that 2017-18 shall issue e invoice tax payer with
aggregate turnover of Rs. 5 crores wef 01.8.23 on all B2B transaction. for the year 2023-24 whose turnover is exceeding 05 crores have to issue e invoice. so we little bit confusion but our turn over is not exceeding 05 crores hence please clarify the same.
Yours faithfully
Thanking you
Srinivasa Joshi
18 March 2024
Check out Your all Incomes which is filed with Your income Tax...
https://old.cbic.gov.in/resources//htdocs-cbec/gst/Aggregate%20Turnover..pdf
https://www.deskera.com/blog/gst-turnover/
https://old.cbic.gov.in/resources//htdocs-cbec/gst/Aggregate%20Turnover..pdf
https://www.deskera.com/blog/gst-turnover/
18 March 2024
Okey thank you sir but 05 crores form which is year we have to consider,for this F Y our turn over is not exceeding. hence
18 March 2024
The Turn Over will be calculated from Your previous year(s). Means in the GST era (2017-18 onwards). If Your turn over exceeds 5cr in any of the previous FY then e invoice is applicable from 01/08/2023.
18 March 2024
Thank you very much sir
16 August 2025
The aggregate turnover for e-invoicing applicability is PAN-based and includes all GST registrations under the same PAN across India, not state-wise or GSTIN-wise.
Certain categories of taxpayers are exempt irrespective of turnover (banks, NBFCs, SEZ units, insurance companies, goods transport agencies, passenger transport, cinema exhibition). If the querist falls under any of these, e-invoicing won’t apply even if turnover exceeds the threshold.
A quick way to check is to use the GST portal’s “E-invoice enablement status”—this confirms whether the system has enabled the taxpayer for e-invoicing.
Certain categories of taxpayers are exempt irrespective of turnover (banks, NBFCs, SEZ units, insurance companies, goods transport agencies, passenger transport, cinema exhibition). If the querist falls under any of these, e-invoicing won’t apply even if turnover exceeds the threshold.
A quick way to check is to use the GST portal’s “E-invoice enablement status”—this confirms whether the system has enabled the taxpayer for e-invoicing.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- LC charges in relation to Asset purchased should be Capitalised ?
- FORM 26A APPLICABILITY
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
