03.23.22
Lower threshold for e-invoicing from 1st April 2022
The Central Board of Indirect Taxes & Customs (CBIC) of India recently issued a notification (01/2022) lowering the threshold for mandatory e-invoicing under Goods and Services Tax (GST).
As of present, e-invoicing is mandated for all taxpayers whose annual revenue is ₹50 crore or above. From 1st April 2022, the revenue threshold for mandatory e-invoicing will be reduced to ₹20 crore. By extending the scope of e-invoicing, the government is expected to enhance tax compliance among small businesses in the country.
Tungsten Network can ensure Indian taxpayers remain compliant, now and in the future.
Browse India updates
Release of FAQs on the new invoice registration portal
- Country updates
GSTN provides guidance on the E-Invoice Verifier App
- Country 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