As per Notification no. 10/2023 dated May 10, 2023, every registered taxable person whose aggregate annual turnover exceeds Rs. 5 Cr in any of the financial years from 2017-18 shall be liable to issue e-invoices, implementing from August 01, 2023. Earlier, the limit was Rs. 10 Cr.
E-Invoicing is applicable to invoices, debit notes, and credit notes issued to registered persons (commonly known as B2B supplies). It is not applicable to B2C invoices as of now. The registered person who is required to issue e-invoice shall upload its tax invoice in a JSON file on the Invoice Registration Portal (IRP) and shall get back a digitally signed JSON from IRP with an Invoice Reference Number (IRN) and QR Code. As per rule 48(5) of CGST Rules, any invoice on which the provision of e-invoice is applicable and which does not contain IRN shall not be treated as an e-invoice, as specified in rule 48(4) of the said rules.
E-invoicing enablement status of a taxpayer can be checked by entering the GSTIN using the following link: https://einvoice1.gst.gov.in/Others/TaxpayerSearch
The above-notified persons have no need to issue e-invoices even if their turnover exceeds the prescribed threshold limit.
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