E-Invoicing w.e.f. 01-04-2021

Whether e-invoicing is applicable on supplier having turnover of Rs 5 Cr or more w.e.f. 01-04-2021?

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Quick Summary
This discussion clarifies the applicability of e-invoicing for suppliers with a turnover of Rs 5 Cr or more from April 1st, 2021. As of January 1st, 2021, e-invoicing was mandated for businesses with an aggregate turnover exceeding Rs 100 Cr in any preceding financial year from 2017-18. Currently, there is no specific notification mandating it for the Rs 5 Cr threshold, meaning it is not presently applicable.

From 1-1-2021, Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 100 Cr. (in any preceding financial year from 2017-18 onwards).
Right now there is no notification to this effect. So presently it won't be applicable

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