A proprietorship firm with a yearly turnover of approximately £1.20 crore is being asked by a client to issue e-invoices. However, the e-invoicing mandate in India only applies to businesses with an annual turnover exceeding £5 crore. Therefore, the firm is not obligated to issue e-invoices and can continue with their current manual invoicing process.
24 May 2024
Sir we(proprietorship firm) are doing job work for a Company and our turnover approximately Rs 1.20 cr yearly. Company pays our bills twice in a month. Now that Company insist us to issue e-invoice while we are issuing a single invoice(manual) in a month and working only for that Company. We are not interested for e-invoicing. Is it possible to avoid e-invoicing ? please suggest