In the financial year 2020 – 21 if the turnover crosses Rs.100 cr. in December’20, is it required to immidietly start e – invoicing from December’20 or it will be from 01.04.2021?
Kaustubh Karandikar Asked question November 13, 2020
the language used in Notification No. 13/2020– Central Tax dated 21st March, 2020 a person whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds five hundred crore rupees / one hundred crore rupees will come under ambit of GST e-invoicing. Thus it appears that current FY turnover is not to be considered.
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Frah Saeed Changed status to publish November 13, 2020