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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- GST ON DAMAGED GOODS
- Last year TDS Claim
- REGARDING GST LIABILITY/....
- STCG FOR GOLD ETFs
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
