E invoice LLP to Pvt Ltd conversion

[Harshit Sanghvi]

Query related to E Invoicing

I was a registered taxpayer till 25/04/2022 as LLP Turnover for FY 21-22 : 19.40 cr

Now LLP got converted into Pvt Ltd w.e.f 25/04/2022 so LLP GSTN surrendered and Pvt Ltd GST taken by specifying reason change in constitution.

For Pvt Ltd FY 21-22 turnover is zero as it is a newly incorporated entity on 25/04/2022.

E invoice is not enabled at the portal for Pvt Ltd Pvt Ltd turnover for FY 22-23 : 17 cr

whether I should file enablement form by filing a declaration for Pvt Ltd?

AI Summary

E invoicing applicability depends on prior year turnover; converted entities may voluntarily enable e invoicing despite new GST registration.
E invoicing applicability follows the turnover threshold based on the previous year. When an LLP converts into a private limited company with a new GST registration, the new entity's previous year turnover under its GSTIN determines e invoicing applicability, and a new invoice series is required. Voluntary activation of e invoicing is permissible, but the taxpayer should weigh compliance costs and the risk of input tax credit disputes arising from incorrect e invoicing.