Relevant Notification for E-Invoicing–Notification No. 13/2020-Central Tax Dated 21-3-2020 as amended by
(NOTIFICATION NO. 61/2020-CENTRAL TAX, DATED 30-7-2020, NOTIFICATION NO. 70/2020-CENTRAL TAX, DATED 30-9-2020, NOTIFICATION NO. 88/2020-CENTRAL TAX, DATED 10-11-2020)
Threshold for Applicability of provisions of E-Invoicing- Registered Persons whose aggregate turnover any preceding financial year from 2017-18 onwards exceeds one hundred crore rupees with effect from 1st January 2021. Previously it has been made applicable from 1st October 2020 for registered persons having turnover more than 500 Crore
Persons upon whom E-Invoicing is not applicable- E-invoicing rules are not applicable upon following persons-
- Special Economic Zone
- Rule 54(2)-Persons providing services of insurer or a banking company or a financial institution, including a non-banking financial company
- Rule 54(3)- Supplier of taxable service is a goods transport agency supplying services in relation to transportation of goods by road in a goods carriage
- Rule 54(4)-Supplier of taxable service is supplying passenger transportation service
- Rule 54(4A)- Supplying services by way of admission to exhibition of cinematograph films in multiplex screens
Transactions upon which E-Invoicing is applicable-Any supply made by the registered persons covered under the provisions of E-Invoicing to another Registered person and for Exports.
Content of E-Invoicing have been provided vide Notification No. 60/2020-Central Tax Dated 30th July 2020.
Trial Portal for E-Invoicing- https://einvoice1-trial.nic.in/
User Manual for E-Invoicing– https://einvoice1-trial.nic.in/Documents/EINVOICE_UserManual_Web.pdf
