Quick Summary
CBIC issued Instructions videF. No. CBIC- 20006/15/2023-GST dated October 18, 2023regarding the action in respect of non-issuance of e-invoices by notified class of taxpayers who are mandatorily required to issue e-invoice as per legal provisions. Attention is invited to various notifications issued for setting the annual aggregate turnover limit for mandatory implementation of e-invoicing under sub-rule (4) of Rule 48 of the Central Goods and Service Tax, Rules, 2017 (hereinafter referred to
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FAQ :
The government is taking action against taxpayers who are mandatorily required to issue e-invoices but are failing to do so.
The purpose of e-invoicing is to automate tax processes, reduce compliance burdens, improve tax management, and significantly reduce tax evasion and fraud.
Taxpayers with an aggregate turnover of more than Rupees Five Crore in any financial year from 2017-18 onwards are mandatorily required to issue e-invoices, with some exceptions.
Any invoice issued by a taxpayer who is mandatorily required to use e-invoicing, but does not do so, will not be treated as a valid invoice.
Taxpayers failing to issue invoices through the e-invoicing system may be liable to penalties under the CGST Act.
Taxpayers who have exceeded the threshold but are exempted from issuing e-invoices should declare their exempted category on the GSTN portal using the provided functionality.
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