CBIC Issues Big Update On E-Invoice Under GST

Vide Notification No. 01/2022- Central Tax, Dated 24th February 2022, the CBIC has reduced the applicability of e-invoice.

Now, e-invoice requirements will be applicable to taxpayers whose aggregate turnover above Rs. 20 crore in any of the previous years from 2017-18 till 2021-22.

Copy of Notification attached: