05.16.23
E-Invoicing threshold reduced to ₹5 from August 1st 2023
The GST Council has recently issued a notification that mandates e-invoicing for all businesses with turnovers exceeding Rs 5 crore ($608,302) from 1 August 2023. As a result, GST-registered companies that reach this threshold must integrate their systems and clear invoices via the government portal before sharing them with their customers.
Tungsten has supported the e-invoicing mandate since its introduction in 2020 and is prepared to accommodate this new threshold change.
Tungsten Network can ensure Indian taxpayers remain compliant, now and in the future.
Browse India updates
E-Invoicing threshold reduced to ₹5 from August 1st 2023
- Mandate information
Postpones the implementation of time limit on reporting e-Invoices
- Mandate information
New time limit to report e-invoices to the IRP
- Mandate information
Enablement of voluntary e-invoicing
- Country updates
E-Invoice System will no longer accept 4-digit HSN codes
- Mandate information
Introductions of New e-Invoice Portal
- Country updates
E-invoicing threshold cut to 5 Crores will not yet apply in January 2023
- Mandate information
E-Invoicing threshold reduced to ₹5 from January 2023
- Mandate information
E-invoicing threshold to be further lowered from 1st October 2022
- Mandate information
Lower threshold for e-invoicing from 1st April 2022
- Mandate information
Government departments and local authorities exempt from e-invoicing
- Mandate information
Compliance relief offered in light of Covid-19 pandemic
- Country updates
India extends the scope of the invoice reporting mandate from April 1, 2021
- Mandate information
India delays invoice mandate
- Mandate information
Further information on the Indian mandate
- Mandate information
Indian e-invoicing deadline confirmed for April 2020
- Mandate information