GST e-invoice system is now available to be voluntary

GST e-invoice

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 turnoverMandatory implementation of e-invoice
Exceeding 500 crore 1st October 2020
Exceeding 100 crore1st January 2021
Exceeding 50 crore1st April 2021
Exceeding 20 crore1st April 2022
Exceeding 10 crore1st October 2022

Read Also: GST e-Invoice Under GST – Limit, procedure, Starting Date, benefits

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