18 March 2024
Dear Sir We have received intimation for E invoice, in the intimation stating that 2017-18 shall issue e invoice tax payer with aggregate turnover of Rs. 5 crores wef 01.8.23 on all B2B transaction. for the year 2023-24 whose turnover is exceeding 05 crores have to issue e invoice. so we little bit confusion but our turn over is not exceeding 05 crores hence please clarify the same. Yours faithfully Thanking you Srinivasa Joshi
18 March 2024
The Turn Over will be calculated from Your previous year(s). Means in the GST era (2017-18 onwards). If Your turn over exceeds 5cr in any of the previous FY then e invoice is applicable from 01/08/2023.