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Updates on e-invoicing under GST WEF 01.10.2021

From 1-1-2021, Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 100 Cr. (in any preceding financial year from 2017-18 onwards).

1. Certain set of taxpayers had started e-invoicing from 1st October, 2020. In the month of October, 2020, about 4.95 Crore invoices were generated by 27400 GSTINs.

2. The list of GSTINs (State-wise, along with Name of entity) who are actually generating IRN on e-invoice production portal (IRP) has been published. The list is being updated from time to time.

3. From 1-1-2021, Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 100 Cr. (in any preceding financial year from 2017-18 onwards). The notification dated 10-11-2020 issued in this regard can be accessed HERE.

Source Taxguru

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