E- invoice limit reduced From 50 crore to 20 crore vide Notification No. 01/2022- Central Tax dated 24th Feb, 2022
The Government, on the recommendations of the Council has reduced the limit of E- invoice From 50 crore to 20 crore vide Notification No. 01/2022- Central Tax dated 24th Feb, 2022 by making further amendment in the notification No. 13/2020 – Central Tax, dated the 21st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21st March, 2020, namely:-
In the said notification, in the first paragraph, with effect from the 1st day of April, 2022, for the words “fifty crore rupees”, the words “twenty crore rupees” shall be substituted.
Notification No. 01/2022 – Central Tax