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The CBIC issued Notification No. 10/2023–Central Tax dated May 10, 2023 to amend Notification No. 13/2020 – Central Tax, dated March 21, 2020 to decrease the E-invoicing aggregate turnover limit from 10 crore to 5 crore w.e.f. August 01, 2023.

Phased wise government enhanced the applicability of e-invoicing; initially it was applicable to the taxpayer whose aggregate turnover exceeds 500 crores

Following are the list of time to time e-invoice applicability

Who is liable?

 If your aggregate turnover does not exceed Rs.5 Cr in any of the previous period during GST era, but expected to exceed turnover limit of Rs.5 Cr. During current financial year 2023-24 then e-invoice applicability will be from 1^st April 2024 instead 1^st August 2023.

E-invoice applicability was originally notified vide Notification No. 13/2020– Central Tax dated 21st March, 2020. Extract of that notification are as under;

In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017(hereinafter referred as said rules), the Government on the recommendations of the Council, and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 70/2019 – Central Tax, dated the 13th December, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 926 (E), dated the 13^th December, 2019, except as respects things done or omitted to be done before such supersession, hereby notifies registered person, other than those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules, whose aggregate turnover in a financial year exceeds one hundred crore rupees, as a class of registered person who shall prepare invoice and other prescribed documents, in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of goods or services or both to a registered person.

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