One of my client turnover crossed 5 crore in last financial year i.e. 2023-24. Now in this current financial year e-invoice become mandatory for him. But he want to opt out from e-invoice as his estimated turnover for this financial year and upcoming financial year will be less than 5 crore.
please suggest me that he can opt out from e-invoice or not.
No...
it's not possible.
once crossed the turn over limit then e invoice applicable after the next FY.
So, as per Your query E invoice applicable from FY 24-25 ....
CAclubindia
