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E-invoice registration

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shamsheer

139 Points Posted on 03 July 2023

Dear Sir,

Our company is incorporated on 20-09-2022, for the fy 22-23 has a turnover of 16L only and current FY 23-24 since may company turnover crossed 10cr. I am trying to register for E-invoice its asking for previous year turnover in crores and the limit for the e invoices was not cross in the FY22-23. how can i register for e-invoice for the FY23-24 ?

Replies (3)

Quick Summary

This discussion clarifies e-invoice registration requirements. If your company's turnover did not exceed the threshold in the previous financial year (FY 22-23), you do not need to register for e-invoicing in the current financial year (FY 23-24). Registration will be required from the next financial year (FY 24-25) once your turnover meets the specified criteria.

CA Altamush Zafar

GST Consultant

10402 Points Posted on 04 July 2023

You don't need to register for e-invoice in this FY. You will have to register in the next FY 2024-25

sabyasachi mukherjee

Profession

19978 Points Posted on 04 July 2023

E invoice registration is depending on the taxable person performs his /her business.

Aashok Kumar Sharma

Finance/Compliance Consultant

75648 Points Posted on 08 November 2026

E-invoicing for a new company:
• E-invoicing applies if aggregate turnover exceeded Rs 5 crore in any FY from 2017-18 onwards. For a company incorporated in September 2022 with Rs 16 lakh turnover in FY 2022-23, e-invoicing doesn't apply.
• If the current FY's turnover exceeds Rs 5 crore, e-invoicing applies from the next FY (1 April following). Not mid-year.