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<h1>Class of registered persons with turnover over ?5 crore must prepare e-invoices under rule 48(4) from October 1, 2020</h1> Registered persons (excluding government departments, local authorities, specified SEZ units and those exempted under rule 54 sub-rules) whose aggregate turnover in any preceding financial year from 2017-18 onward exceeds five crore rupees are notified as a class required to prepare e-invoices and other prescribed documents under sub-rule (4) of rule 48 for supplies to registered persons and for exports. The notification, which supersedes an earlier December 2019 notification, takes effect from 1 October 2020.