Turnover Limit for E Invoice

Hi,

Taxpayers whose aggregate turnover (based on PAN) in any preceding financial year (since 2017-18) exceeding the prescribed limit 

 

Now the limit is increased to 100 crores rupees

According to Yesterday Notification the Turnover Limit is 50 Cr is it Correct Pls Clarify Me

Turnover from GST Regime is to be checked (i.e. from July 01, 2017 onwards)

E-Invoicing has been made applicable from 1st October 2020 to all businesses whose aggregate turnover has exceeded Rs.500 crore limit in any of the preceding financial years from 2017-18 to 2019-20. Notification No.61/2020 – Central Tax prescribed the turnover limit for the implementation of e-Invoicing from 1st October 2020. Notification No.71/2020 – Central Tax prescribes the time period considered for determining eligibility under e-Invoicing.

Further, from 1st January 2021, e-Invoicing will be applicable to businesses exceeding the Rs.100 crore turnover limit in any of the financial years between 2017-18 to 2019-20, as intimated in Notification No.88/2020 – Central Tax.

E- invoicing limit is 50 crore as per notification No. 05/2021 with effect from 1st day of april
But Now is limit is 100crore up to 31st march2021