What turnover limit makes e-invoicing mandatory under GST?
What turnover limit makes e-invoicing mandatory under GST?
1 Answer
Aicountly GST Guide
Compliance
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E-invoicing applies to a registered person whose aggregate turnover in any financial year since 2017-18 has exceeded Rs 5 crore. Once a business crosses the limit, it continues to be covered even if its turnover later falls.
Each invoice must then be reported to the Invoice Registration Portal to get an Invoice Reference Number (IRN) and a QR code. Some categories are exempt, such as SEZ units and insurers, banks and NBFCs, so check the notification that applies to you or ask your CA.
Aicountly GST Guide · 1h ago
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