CBIC has issued a fresh notification on 8th March, 2021. Accordingly, with effect from 1st April, 2021, the tax payers having aggregate turnover exceeding Rs 50 crore will have to generate E- invoice.
The taxpayers are required to issue E-invoices for all the Business to Business supplies under the Goods and Services Tax (GST), in the manner prescribed under rule 48 (5) of the CGST Rules 2017.
However, earlier the turnover limit was Rs 100 crore.
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Click here to read more in detail about GST Invoicing
Knowledge Source:
CGPI Requests to Grant Extension for GSTR 9 and 9C