GST E INVOICE LIMIT

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This query is : Resolved

Quick Summary

If your company's turnover surpassed the ₹5 crore threshold in October 2023, your GST e-invoicing became applicable from 1st April 2024. It's not possible to retroactively apply e-invoicing from October 2023 as applicability is based on previous years' turnover. While you could try to implement it earlier, it's generally not feasible.

dilip

dilip (Querist)
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20 October 2023 OUR COMPANY TURNOVER CROSSED 5 CRORE LIMIT IN OCTOBER-23, THEN E INVOICE APPLICABLE FROM WHICH DATE/MONTH....01.04.24 OR IN OCT-23

RAJA P M

RAJA P M (Expert)
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20 October 2023 E invoice applicable from 1st April 2024.....

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dilip

dilip (Querist)
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21 October 2023 thanks sir, if we want make E invoice/bill from october-23, it is posssible?

RAJA P M

RAJA P M (Expert)
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21 October 2023 No Sir...
It's not possible. Bcoz, E invoice applicable based previous years turn over.

(But, You can just try for this. In case any possibility)

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