If the turnover of a firm reaches above 5 crore in the month of December 2022 but in previous years it was below 5 crore than it is necessary to genrate e invoice now.
Replies (4)
Quick Summary
E-invoicing becomes mandatory if your business turnover exceeded 10 crore in any financial year between 2017-18 and 2021-22, and you have B2B GST sales. Even if your current turnover is below this, past thresholds can trigger the requirement. Non-GST and export amounts also factor in if your B2B turnover is above 10 crore.
}E-invoice is Necessary if have PY 10Cr tnr above and also b2b GST sales, } If you have Non-GST and Expt amt 10cr above and doing b2b it is Necessary .
10cr above E invoice only for you have GST sales B2B