CBIC Reduces Turnover Threshold For E-Invoicing To 5 Crore Rupees w.e.f. 1st August 2023

• W.e.f. 1st August 2023, generating E-Invoice for B2B Supply of goods or services or both, or for exports shall be mandatory for  taxpayers whose aggregate turnover exceeds rupees 5 crore in any financial year.

           (Notification No. 10/2023 – Central Tax)