GST e-invoicing mandatory from January 1, 2021 if turnover exceeds Rs 100 cr

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday notified that  GST  e-invoicing will be mandatory for any firm whose turnover exceeds Rs 100 crore from January 1, 2021. The limit set earlier was a turnover of Rs 500 crore.  “In exercise of the powers conferred by sub-rule (4) of rule 48 of the  Central Goods and Services Tax Rules , 2017, the Government, on th…