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of <h1>E-invoicing Mandatory for Businesses with Turnover Over Rs. 10 Crore from October 1, 2022, per CGST Rules Amendment.</h1> The Ministry of Finance, through the Central Board of Indirect Taxes and Customs, has amended the Central Goods and Services Tax Rules, 2017. Effective from October 1, 2022, e-invoicing will be mandatory for taxpayers with an aggregate turnover exceeding Rs. 10 crore. This change updates the previous threshold of Rs. 20 crore as specified in the notification No. 13/2020 dated March 21, 2020. The amendment aims to enhance compliance and streamline tax processes for businesses with significant turnovers.
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