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APPLICABILITY OF E- INVOICING

Others 383 views 7 replies
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
Replies (7)
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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