In which case is e-invoice mandatory?
In which cases is e-invoicing required?
- Turnover: Businesses exceeding an annual turnover of Rs. 10 crore are required to generate e-invoices.
- Industry sector: E-invoicing is mandatory for businesses engaged in the following sectors:
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Companies involved in manufacturing goods with an annual turnover of Rs. 10 crore or more.
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Service providers with an annual turnover of Rs. 10 crore or more.
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Exporters
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Importers
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Special Economic Zone (SEZ) units
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Goods Transport Agencies (GTA) who have opted for the composition scheme under GST.
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Insurers, banking companies, financial institutions, and non-banking financial companies.
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How can e-invoice benefit your business?
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