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Cma Loganathan Sekar

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Electronic Invoice (E-Invoice) under GST – Benefits & Process of E-Invoicing

May 11, 2023 12498 Views 0 comment Print

E-invoicing is a process of electronically generating invoices and reporting them to the government’s GST portal for record-keeping and compliance purposes. Threshold limit for the applicability of E-invoice reduced from INR 10 Crores to INR 5 Crores. When aggregate turnover exceeds 5 crore in any of the previous 5 years, for the purpose of the aggregate turnover limit, even the exempted turnover would be considered.

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