E-invoicing

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This discussion clarifies the applicability of e-invoicing for businesses. Based on current regulations, e-invoicing is mandatory for companies with a turnover exceeding ₹50 crores in any financial year from FY 2017-18 onwards. The user's company, with a turnover of ₹15-16 crores, does not meet this threshold and therefore is not required to opt for e-invoicing from April 1st, 2021.

Vijay Mishra

Vijay Mishra (Querist)

31 March 2021 Dear Sir,
Greetings!

Our company's combined turnover of all the branches is 15-16 crore. Should we opt e-invoicing from 1st April 2021? Please advise.

Regards / Vijay

Ganeshbabu K

Ganeshbabu K (Expert)

31 March 2021 Your turnover is not more than Rs.50 crores (in any financial year from FY 2017-18 onwards) hence E-invoicing provisions not applicable to you

Notification No. 5/2021 – Central Tax

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Vijay Mishra

Vijay Mishra (Querist)

31 March 2021 Thanks a lot sir for the clarification.

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

29 October 2026 The answer was right in 2021, but the threshold has since fallen: from 1-8-2023 e-invoicing applies if aggregate turnover exceeded ₹5 crore in any FY from 2017-18, so at ₹15–16 crore you must now generate IRNs for all B2B invoices, credit/debit notes and exports.

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