E-Invoice Limit reduced from 50 Cr to 20 Cr

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.