E Invoicing from April 2021


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This discussion addresses concerns about mandatory e-invoicing from April 2021 for companies with turnover above ₹100 crore. The user, whose company exceeds this threshold and uses Tally, is seeking clarification on whether Tally software is compliant. Specific questions are raised about handling export sales invoices issued in foreign currency without a GST component.

24 February 2021 Hi, I m working in Pvt Ltd company, i heard that from 1st April 2021 we need to issue our invoices through E invoicing software. We are currently using tally accounting software. ours is comes under above 5 Crores category. So is tally fulfill the requirement ? Also our co issues mostly export sales invoices without GST component in foreign currency (not in INR values) but while accounting in tally next day as per RBI site reference rate, appropriate INR value as invoice value will be accounted in tally. How do we do all this in Tally E Invoicing. Please clarify

24 February 2021 There are no such notification issued by CBIC. At present, E-Invoicing applicable to those which have turnover more than 100 crore

24 February 2021 No notification for e invoice on persons having less than 100 crore turnover


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