I have a new company incorporated in 20-21
now for the fy 20-21 turnover was below 50 cr
but during the fy 21-22 turnover has crossed 50 cr. so whether e invoicing would applicable from current fy as the portal is not allowing to register
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APPLICABILITY OF E- INVOICING
Replies (7)
Quick Summary
Yes E-invoicing is applicable
But there is no option to register as they want previous year turnover
Turnover limit for Generating E-Invoice will be Rs.50.00 Crores and it will be in any previous year. You have to generate E-Invoice from 01st April 2022.
Limit crossed in current year only. previous year was within the limit
Hence you have to generate E-Invoice from 01st April 2022 on wards.
E invoice should be shown
You will have to start e-invoicing from April 2022 onwards
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