Reduction in monetary limit for issuing E-Invoice in GST w.e.f. 1st Oct 2022

The taxpayers having aggregate turnover exceeding Rs. 10 crores are required to generate E-Invoice w.e.f. 1st of October 2022 earlier the turnover limit for issuing E-Invoice for the taxpayers was 20 crores which have been amended vide Notification 17/2022 – Central Tax dated 01-08-2022.

Thus, all the taxpayers having aggregate turnover exceeding 10 crores in any of the preceding FY beginning from 2017-18 to FY 2021-22 is required to issue e-invoice.