Linkedin
Facebook
Email
moreThe E-Invoicing exemption limit was reduced from INR 500 crores to INR 100 crores with effect from 1 January 2021 and further brought down to INR 50 crores with effect from 1 April 2021. The threshold was further lowered down to INR 20 crores with effect from 1 April 2022 and INR 10 crores with effect from 01 October 2022.
The Central Board of Indirect Taxes and Customs (CBIC) vide Notification No. 10/2023 – Central Tax dated 10 May 2023 has further slashed the existing turnover limit for availing exemption from E-invoicing from INR 10 crores