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Falling Under The E-invoice-Criteria
Falling under the E-invoice Criteria?
The advent of e-invoicing was no less than a revolution for the Indian business world. The e-invoicing mandate was first rolled out for companies with a turnover of over Rs. 500 cr. in October 2020, later it was made applicable to companies with a turnover of Rs. 100 cr. and above from 1st January 2021. The latest to fall under the e-invoicing mandate are companies with a turnover of Rs. 50 cr. or more from April 2021 onwards and the threshold is expected to reduce even further.
Falling Under The E-invoice-Criteria
Falling under the E-invoice Criteria?
The advent of e-invoicing was no less than a revolution for the Indian business world. The e-invoicing mandate was first rolled out for companies with a turnover of over Rs. 500 cr. in October 2020, later it was made applicable to companies with a turnover of Rs. 100 cr. and above from 1st January 2021. The latest to fall under the e-invoicing mandate are companies with a turnover of Rs. 50 cr. or more from April 2021 onwards and the threshold is expected to reduce even further.