Marked 2 years 11 months ago onto REVISED E-INVOICING LIMIT UNDER GST WEF 01.08.2023
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As per the latest notification (No. 10/2023 central tax) issued by the Ministry of Finance, from 1st August 2023, businesses registered under GST and having a turnover of more than Rs. 5 Crore in any financial year from 2017-18 will be required to comply with the e-invoicing provisions. This means that they will have to generate an Invoice Reference Number (IRN) for each tax invoice, debit note, and credit note issued to registered persons.
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