As per Notification No. 10/2023 – Central Tax dated 10th May 2023, the threshold for e-invoicing for B2B transaction has been lowered from 10 crores to 5 crores. This change will be applicable from 1st August 2023.
1.GSTN has enable all eligible taxpayers with an Aggregate Annual Turnover (AATO) 5 Crores and above as per GSTN records in any preceding financial year for e-invoicing. These tax payers are now enable on all six IRP portals including NIC-IRP for e-invoicing reporting.
2.You can check your enablement status on the e-Invoicing portal at https://einvoice.gst.gov.in.
