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GST e-invoicing mandatory from January 1, 2021 if turnover exceeds Rs 100 cr.

GST e-invoicing mandatory from January 1, 2021 if turnover exceeds Rs 100 cr.

by TEXTILE VALUE CHAIN | Nov 19, 2020 | Industry And Cluster, News & Insights

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday notified that GST e-invoicing will be mandatory for any firm whose turnover exceeds Rs 100 crore from January 1, 2021. The limit set earlier was a turnover of Rs 500 crore. “In exercise of the powers...

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