Now E-Invoicing is mandatory for those Tax payer whose turnover is more than 20 Cr. from 1st April 2022 as per the new notification issued by Central Board of Indirect Taxes & Custom (CBIC). Notification No- 01/2022- Central Tax Date- 24th Feb, 2022 What was mandatory prior to this notification ? The CBIC made the e-invoicing system mandatory for taxpayers with a turnover higher than Rs. 50 crore. What are the Changes? Turnover has been reduce from 50 crore to 20 crore.
This blog will give information on various topics which will helps accountant in their work.