CBIC mandates GST E-invoicing from January 1, 2021, If turnover exceeds Rs. 100 Crores [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) mandated GST E-invoicing from  January 1, 2021 if turnover exceeds Rs. 100 Crores.

The Board notified that E-invoicing is mandatory from January 1, 2021 for every taxpayer other than SEZ unit whose aggregate turnover in any of the Financial Year from 2017-18 exceeds Rs. 100 Crores.

The Government, further amended the Notification No. 13/2020 Central Tax, dated the 21st March, 2020 wherein the first paragraph, with effect from the 1 January, 2021, for the words “five hundred crore rupees”, the words “one hundred crore rupee” shall be substituted.