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E-invoicing mandatory from April 1 onwards

They can register via the GST common portal or the e-invoice portal https://einvoice1.gst.gov.in. E-invoicing is not required for the tax-free transactions.

Mar 31, 2021, 12:27 PM IST
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E-invoicing
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Screengrab: einvoice1.gst.gov.in/

Thiruvananthapuram: E-invoicing has been made mandatory from April 1 onwards for transactions of the merchants who have an annual turnover of over Rs 50 crore.

Apart from the Goods and Services Tax (GST), these merchants will have to complete e-invoicing for the credit and debit notes also. They can register via the GST common portal or the e-invoice portal https://einvoice1.gst.gov.in. E-invoicing is not required for the tax-free transactions.

The units in Special Economic Zones (SEZ), insurance, non-banking financial companies, goods transporting agencies, passenger transport services, multiplex cinema theatres are exempted from e-invoicing.

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