Mandatory E-invoicing for all the registered persons whose annual aggregate turnover in any of the financial years starting from FY 2017-18 exceeds Rs. 100 crores.

Central Board of Indirect Taxes and Customs vide notification no. 88/2020 - Central Tax on 10th November, 2020 revised a limit for applicability of mandatory E-invoicing from 01-01-2021 for taxpayers having aggregate annual turnover exceeding Rs. 100 crore in any financial year starting from F.Y. 2017-18 from Rs. 500 Crore.
Notification No. 88/2020 – Central Tax dated 10th November, 2020
In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 – Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March, 2020, namely:-

In the said notification, in the first paragraph, with effect from the 1st day of January, 2021, for the words “five hundred crore rupees”, the words “one hundred crore rupees” shall be substituted.


Name : Prashant Sojitra

Qualification : CA in Practice

Company : Sojitra Savaliya & Co.

Location : Gujarat