The Central board of Indirect Taxes and Customs vide notification No 01/2022 dated 24-02-2022 has reduced the threshold limit of E invoicing to Rs. 20 Crore. [Earlier 50 Crore] w.e.f. 01-04-2022.
It is mandatory to issue E Invoice for registered person having aggregate turnover above ₹ 20 crores with effect from 1st April 2022.
For the Notification No.01/2022 dated 24.02.2022, Click below