Please let me know the below given issue and oblige.
On 8th March 2021, the CBIC notified that e-Invoicing will be applicable from 1st April 2021 for businesses with a turnover of more than Rs. 50 crores (in any financial year from FY 2017-18 onwards, as intimated in Notification No. 5/2021 – Central Tax. ... 61/2020 – Central Tax).
Our export turnvoer is above Rs 50 Crores but domestic sales turnover is less than Rs 50 Crores.
Whether e-invoicing is only and only for domestic sales turnover.
15 April 2021
As I understand, aggregate turnover includes export turnover too. Moreover, there is no specific exemption from e-invoicing in respect of exports. Thus e-invoicing will be applicable in this case.
CAclubindia
