Tax Guide
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CBIC Notification No. 10/2023: e-invoicing (IRN/IRP) mandatory for all registered businesses with AATO > ₹5 crore effective 1 August 2023. Previously the threshold was ₹10 crore.
CBIC Notification No. 10/2023–Central Tax: The e-invoicing threshold was progressively reduced — from ₹500 crore (2020) → ₹100 crore (2020) → ₹50 crore (2021) → ₹20 crore (2022) → ₹10 crore (2022) → ₹5 crore (1 August 2023). All registered businesses with Aggregate Annual Turnover exceeding ₹5 crore in the preceding financial year must generate e-invoices (with IRN and QR code from the IRP) for all B2B supplies. E-invoices auto-populate GSTR-1. Verify on cbic-gst.gov.in.
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Related sections
All section references are sourced from the Income Tax Act 2025 (official gazette, incometaxindia.gov.in) and cross-referenced against CBDT's comparative statement. Always verify on the official portal before filing. This page is for reference only and does not constitute legal or tax advice.