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EINVOCE 12344

nirmal paliwal (ipcc) (81 Points)

28 November 2022

My turnover is reached above 10 crore Dec 2022.can einvoce applicable me

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3 Replies

kl Bhavana (Student CA Final ) (417 Points)
Replied 28 November 2022

Hi Nirmal,

Einvoice is applicable if turnover in any previous FY is 10Crores or more. In your case if Previous FY is less than 10crs then E invoice is not mandatory but you can opt for it and generate.

Trust this helps, if more clarification required please write mail at Bhavana @ lbkca.in.

Thanks
Bhavana K L
Chartered Accountant
L B K & Associates

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CA Altamush Zafar (GST Consultant) (15961 Points)
Replied 28 November 2022

You will have to generate it from next financial year provided that turnover limit is not reduced to 5 crores from January

Sateesh Kumar (199 Points)
Replied 29 November 2022

You will applicable for e invoice

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