GST e-invoice system is now available to be voluntary
The GST e-Invoice System has enabled the ‘E-Invoice voluntary enablement’ for Financial Year 2022-23. The mandatory current e-invoice limit is Rs 10 crore which implemented on the phased manner as follows:
| Annual turnover | Mandatory implementation of e-invoice |
| Exceeding 500 crore | 1st October 2020 |
| Exceeding 100 crore | 1st January 2021 |
| Exceeding 50 crore | 1st April 2021 |
| Exceeding 20 crore | 1st April 2022 |
| Exceeding 10 crore | 1st October 2022 |
Read Also: GST e-Invoice Under GST – Limit, procedure, Starting Date, benefits
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