E-invoice mandatory if Turnover exceeds ₹20 crores from 1st April 2022

Last updated: 25 February 2022

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From 1st April 2022, businesses in India with an annual turnover exceeding ₹20 crores will be required to generate their invoices electronically. This change updates the previous threshold of ₹50 crores, making e-invoicing mandatory for a wider range of businesses under the Central Goods and Services Tax Rules.

Ministry Of Finance
(Department Of Revenue)
(Central Board of Indirect Taxes And Customs)
New Delhi

Notification No. 01/2022 – Central Tax

Dated: 24th February, 2022

G.S.R. 159(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 21^st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21^st March, 2020, namely:-

In the said notification, in the first paragraph, with effect from the 1^st day of April, 2022, for the words “fifty crore rupees”, the words “twenty crore rupees” shall be substituted.

[F. No. CBIC- 20021/1/2022-GST]

RAJEEV RANJAN, Under Secy.

Note : The principal notification No. 13/2020 – Central Tax, dated the 21^st March, 2020 was published in the Gazette of India, Extraordinary, vide number G.S.R. 196(E), dated 21^st March, 2020 and was last amended vide notification No. 23/2021-Central Tax, dated the 1^st June, 2021, published vide number G.S.R. 367(E), dated the 1^st June, 2021.

FAQ :

The new rule comes into effect from 1st April 2022.

The turnover threshold has been reduced to ₹20 crores.

The previous turnover threshold was ₹50 crores.

This mandate is governed by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017.

This notification was issued by the Ministry Of Finance (Department Of Revenue) (Central Board of Indirect Taxes And Customs).

Notification No : 01/2022 - Central Tax
Source : https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-01-central-tax-english-2022.pdf

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