E-invoicing limit reduced from existing Rs. 20 crore to Rs. 10 crore w.e.f. 1st October 2022



Quick Summary
The Indian government has reduced the turnover threshold for mandatory e-invoicing. Effective from 1st October 2022, businesses with an annual turnover exceeding Rs 10 crore will be required to generate their invoices electronically. This is a decrease from the previous limit of Rs 20 crore.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION

New Delhi, the 1st August, 2022
No. 17/2022- Central Tax

G.S.R. 612(E).—In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 - Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March, 2020, namely:-

E-invoicing Limit Cut to Rs 10 Crore from Oct 1

In the said notification, in the first paragraph, with effect from the 1st day of October, 2022, for the words "twenty crore rupees", the words "ten crore rupees" shall be substituted.

[F. No. CBIC-20021/2/2022-GST]
Rajeev Ranjan, Under Secy.

Note: The principal notification No. 13/2020 - Central Tax, dated the 21st March, 2020 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated the 21st March, 2020 and was last amended vide notification No. 01/2022-Central Tax, dated the 24th February, 2022, published vide number G.S.R. 159(E), dated the 24th February, 2022.

FAQ :

The new e-invoicing limit has been reduced to Rs 10 crore in annual turnover.

The reduced limit of Rs 10 crore for e-invoicing will be effective from 1st October 2022.

The previous e-invoicing limit was Rs 20 crore in annual turnover.

Businesses with an annual turnover exceeding Rs 10 crore are affected by this change.

This change was announced by the Ministry of Finance (Department of Revenue) through the Central Board of Indirect Taxes and Customs (CBIC).




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