GST E-invoice now made mandatory for entities having turnover of ₹20 crores w.e.f. 01-04-2022: CBIC

The Central Board of Indirect Taxes and Customs (CIBC) vide Notification no. 01/2022 - Central Tax dated 24th February 2022 has reduced the turnover limit for the applicability of E-invoicing under GST from ₹ 50 crores to ₹ 20 crores.

CBIC has reduced this threshold turnover limit on the recommendation of the GST council.

Accordingly, all the registered taxpayers, having an aggregate turnover (PAN India basis) of ₹ 20 crores or more during any of the financial years from 2017-18 to 2021-22 shall comply with the provisions of GST E-invoicing for all B2B (Business to Business) transactions with effect from April 01, 2022

History of Turnover limit reduction for E-Invoicing

Sr. No.	Effective Date	Aggregate Turnover Limit prescribed	Notification No.
1	October 01, 2020	₹ 100 crores or more (At the time of introduction of E-invoicing)	Noti. No. 13/2020 - Central Tax, dated March 21, 2020
2	October 01, 2020	₹ 500 crores or more	Noti. No. 61/2020 - Central Tax, dated July 30, 2020
3	January 01, 2021	₹ 100 crores or more	Noti. No. 88/2020 - Central Tax, dated November 10, 2020
4	April 01, 2021	₹ 50 crores or more	Noti. No. 05/2021 - Central Tax, dated March 08, 2021
5	April 01, 2022	₹ 20 crores or more	Noti. No. 01/2022 - Central Tax, dated February 24, 2022

Read the full text of the notification...

Government of India

Ministry of Finance

(Department of Revenue)

Central Board of Indirect Taxes and Customs

Notification No. 01/2022 – Central Tax

New Delhi, the 24th February 2022

G.S.R.....(E).- In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 – Central Tax, dated the 21st March 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March 2020, namely:-

In the said notification, in the first paragraph, with effect from the 1st day of April 2022, for the words “fifty crore rupees”, the words “twenty crore rupees” shall be substituted.

[F. No. CBIC- 20021/1/2022-GST]

(Rajeev Ranjan)

Under Secretary to the Government of India

Note: The principal notification No. 13/2020 – Central Tax, dated the 21st March 2020 was published in the Gazette of India, Extraordinary, vide number G.S.R. 196(E), dated 21st March 2020, and was last amended vide notification No. 23/2021-Central Tax, dated the 1st June 2021, published vide number G.S.R. 367(E), dated the 1st June 2021.