GST E-Invoicing – Enhancement of aggregate turnover for applicability of E-Invoicing
CBIC CGST Notification dated 30th July, 2020
TM/GST/081 dated 31st July, 2020
CBIC has issued Notification No 60/2020 – Central Tax and Notification No 61/2020 – Central Tax Dated 30th July, 2020 enhancing threshold for preparing E-Invoice to Rs 500 Crores. Earlier the said limit for preparing E-Invoice was Rs 100 Crores. The provisions shall come into effect from 1st October, 2020.
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