EINVOCE 12344
nirmal paliwal (ipcc) (83 Points)
28 November 2022
My turnover is reached above 10 crore Dec 2022.can einvoce applicable me
3 Replies
kl Bhavana
(Student CA Final )
(417 Points)
Replied 28 November 2022
Hi Nirmal,
Einvoice is applicable if turnover in any previous FY is 10Crores or more. In your case if Previous FY is less than 10crs then E invoice is not mandatory but you can opt for it and generate.
Trust this helps, if more clarification required please write mail at Bhavana @ lbkca.in.
Thanks
Bhavana K L
Chartered Accountant
L B K & Associates
Einvoice is applicable if turnover in any previous FY is 10Crores or more. In your case if Previous FY is less than 10crs then E invoice is not mandatory but you can opt for it and generate.
Trust this helps, if more clarification required please write mail at Bhavana @ lbkca.in.
Thanks
Bhavana K L
Chartered Accountant
L B K & Associates
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 28 November 2022
You will have to generate it from next financial year provided that turnover limit is not reduced to 5 crores from January
Recent Topics
- GST E Way Invoice
- Where to find LUT number ?
- Https://www.facebook.com/virileforgemaleenhancemen
- When the Tax Portal Isn't Ready, Who Pays the Pric
- ITR Vs. TDS Timeline Gap: A Taxpayer's Dilemma
- Tyres purchased ITC clime?
- LUT Number on Invoices
- HSN Summary B2B and B2C
- DRC-01 Demand Notice for filing GSTR-9 Wrongly
- Income Tax for freelancing services
CAclubindia
