India: New threshold for mandatory e-invoicing announced

Dilara İnal
May 15, 2023

The Indian Ministry of Finance issued Notification No. 10/2023 on 10 May 2023 whereby it reduced the threshold limit for complying with the GST e-invoicing system. As of 1 August 2023, taxpayers with at least Rs 5 Crores turnover [approx. USD 600,000] must generate e-invoices according to the e-invoicing system.

The GST e-invoicing system in India is a type of continuous transaction controls (CTCs) and is mandatory for B2B and B2G invoices. Taxpayers are obliged to issue these invoices in a specific electronic format and according to these e-invoicing rules. For further details regarding Indian e-invoicing, you can visit our website.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.


Dilara İnal

Dilara, Sovos’ta Regülasyon Danışmanı olarak çalışmaktadır. Sovos’a katılmadan önce vergi hukuku alanında avukatlık yapmış olan Dilara halihazırda İstanbul Üniversitesi’nde mali hukuk yüksek lisansı yapmaktadır. 
Share This Post