My turnover for last year i e F Y 2022-23 is Zero because we have started sales from April 23. Now it has crossed over 10 crores.
Am I eligible for E invoice today onwards. If yes how to register for that
Prashant Balkrishna Thanekar (Accounts Manager) (181 Points)
14 June 2023My turnover for last year i e F Y 2022-23 is Zero because we have started sales from April 23. Now it has crossed over 10 crores.
Am I eligible for E invoice today onwards. If yes how to register for that
B Durga Prasad
(Student)
(175 Points)
Replied 14 June 2023
If your turnover has crossed 10 crores in the current financial year (FY 2023-24), you may be eligible for E-invoicing. E-invoicing is applicable to businesses whose turnover exceeds the specified threshold, which is currently set at 5 crores.
To register for E-invoicing, you need to follow these steps:
1. Visit the official E-invoice registration portal or government GST portal.
2. Log in using your GSTIN (Goods and Services Tax Identification Number) credentials.
3. Navigate to the E-invoice registration section.
4. Provide the required details, such as your company's information, contact details, and turnover details.
5. Submit the registration application.
6. Once your application is processed and approved, you will receive an E-invoice registration number.
To learn more about GST E-Invoicing Threshold Reduced to ₹5 Crore: Effective From August 1, 2023 click here
For more detailed information, visit Swipe Blogs.
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