Notification No. 01/2022
Date: February 24, 2022
Subject: Implementation of e-invoicing for taxpayers having aggregate turnover exceeding ₹20 crore.
Description:
The threshold for mandatory e-invoicing is reduced from ₹50 crore to ₹20 crore. Registered persons exceeding the revised turnover limit are required to issue invoices in accordance with rule 48(4) of the CGST Rules. The amendment applies prospectively from the notified date.
Effective Date:
1 April 2022
Previous Notification:
Notification No. 13/2020 – Central Tax dated 21.03.2020