Einvoice Query urgent

Hi

Business turnover in 19-20 is above 5cr. Current year and last FY around 1cr. So E-invoice is applicable but in how many days are we required to prepare e invoice after manually making an invoice?

Replies (7)
Quick Summary
This discussion clarifies the urgency around e-invoicing, particularly for businesses with turnovers above ₹5 crore. While there was initial confusion, the consensus is that e-invoices must be prepared on the same day as the manual invoice. However, for turnovers exceeding ₹100 crore, a 7-day window from the date of invoicing is permitted. The thread also touches upon potential implications of delayed e-invoice generation on Input Tax Credit (ITC) claims.

SAME DAY .............

7 days from the date of invoicing.
Originally posted by : RAJA P M
7 days from the date of invoicing.

Txs. for updating Sir..............

You are welcome...

That is for 100cr turnover 

Originally posted by : Dimpy

 

That is for 100cr turnover 

 

Still no time limit before notified as above. After the latest Council meeting It's 7 days as per You. And no specified time limit updating or amending

In my view, E-invoice portal is allowing to generate e-invoice after generating Invoice. But as per the provisions, possible litigations and allegations by the department on availing ITC by the recipient on delayed e-Invoice after supply of goods or services or both through Invoice. 

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