E-Invoices to be Compulsory for Businesses with Turnover Over Rs 5 Crore from August 1

E-invoicing mandatory for Turnover > ₹5 Crore

Taxpayers with an Aggregate Annual Turnover (AATO) ranging from Rs. 5 crores to Rs. 10 crore can now utilize the e-invoice facility, as made possible by the Central Board of Indirect Taxes and Customs (CBIC). The CBIC has enabled E-Invoicing for businesses having Rs. 5 crores or more in advance. E-Invoices to be Compulsory for … Read more