https://www.taxtmi.com/article/detailed?id=10312 The turnover threshold for compulsory e invoice issuance has been reduced to twenty crore rupees in any preceding financial year, extending mandatory e invoicing to mid sized taxpayers effective from 1st April 2022. The requirement covers B2B supplies and exports; invoices issued without e invoicing by covered taxpayers are treated as invalid and subject to penalties. E invoice data will auto fill GSTR 1. Specified exclusions include non banking financial companies, transport agencies, SEZ business units and government departments. A trial of e invoice generation via the official portal or software is recommended before the effective date. en-us Sat, 12 Mar 2022 10:26:44 +0530 Sat, 12 Mar 2022 10:26:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10312 The turnover threshold for compulsory e invoice issuance has been reduced to twenty crore rupees in any preceding financial year, extending mandatory e invoicing to mid sized taxpayers effective from 1st April 2022. The requirement covers B2B supplies and exports; invoices issued without e invoicing by covered taxpayers are treated as invalid and subject to penalties. E invoice data will auto fill GSTR 1. Specified exclusions include non banking financial companies, transport agencies, SEZ business units and government departments. A trial of e invoice generation via the official portal or software is recommended before the effective date. Articles Goods and Services Tax - GST Sat, 12 Mar 2022 10:26:44 +0530 https://www.taxtmi.com/article/detailed?id=10312